STOCK TITAN

ALNT (ALNT) holder files Form 144 to sell 70,000 common shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

ALNT filed a notice of proposed sale of common stock under Rule 144. The filer plans to sell 70,000 shares of common stock through Fidelity Brokerage Services LLC on NASDAQ, with a stated aggregate market value of $7,950,770.47 as of 08/10/2026.

Positive

  • None.

Negative

  • None.
Proposed shares to be sold 70,000 shares Common stock covered by the Rule 144 notice
Aggregate market value $7,950,770.47 Value associated with 70,000 ALNT common shares as of 08/10/2026
Restricted stock vesting 11/16/2001 3,750 shares Common stock vested as compensation from issuer on 11/16/2001
Restricted stock vesting 07/07/2003 7,500 shares Common stock vested as compensation from issuer on 07/07/2003
Restricted stock vesting 07/08/2023 6,000 shares Common stock vested as compensation from issuer on 07/08/2023
Form 144 regulatory
"ALNT filed a notice of proposed sale of common stock under Rule 144."
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Rule 144 regulatory
"notice of proposed sale of common stock under Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Multiple entries list Common stock from Restricted Stock Vesting as Compensation."
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Compensation financial
"Restricted Stock Vesting entries are categorized as Compensation from the issuer."

FAQ

What does ALNT's Form 144 filing disclose?

The filing discloses an intended sale of 70,000 shares of ALNT common stock under Rule 144, with an aggregate market value of $7,950,770.47, to be sold through Fidelity Brokerage Services LLC on NASDAQ.

How many ALNT shares are proposed to be sold under this Form 144?

The filer proposes to sell 70,000 shares of ALNT common stock. This is a notice of a potential sale under Rule 144 rather than confirmation that the sale has already occurred.

What is the aggregate market value of the ALNT shares covered by this Form 144?

The aggregate market value associated with the proposed sale is listed as $7,950,770.47. This amount reflects the value of the 70,000 shares of ALNT common stock referenced in the filing.

Through which broker and market will the ALNT Form 144 shares be sold?

The filing lists Fidelity Brokerage Services LLC as the broker and indicates that the 70,000 shares of ALNT common stock are to be sold on NASDAQ as of 08/10/2026.

What is the source of the ALNT shares listed in the Form 144?

The underlying shares stem from multiple Restricted Stock Vesting events from the issuer, recorded on various dates between 2001 and 2023, categorized as Compensation in the filing.

Does ALNT receive proceeds from the Form 144 sale?

Form 144 covers a resale of existing shares by an affiliate or holder. The filing describes a holder’s proposed sale; it does not describe a primary offering of new shares by ALNT.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature