James M. Frates plans Rule 144 sale of AMLX (AMLX) common shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Amylyx Pharmaceuticals (AMLX) shareholder James M. Frates filed a Rule 144 notice for a planned sale of 3,557 shares of common stock through Morgan Stanley Smith Barney on NASDAQ, with an aggregate market value of 52,097 and 173,547 shares outstanding.
The shares relate to equity compensation: 10,000 common shares were acquired on 02/02/2026 through the vesting of restricted stock units from the issuer, with no separate cash payment. During the prior three months, Frates sold 3,326 common shares on 01/06/2026 for gross proceeds of 36,954. By signing, he represents that he is not aware of any undisclosed material adverse information about the issuer’s operations.
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FAQ
What does the AMLX Form 144 filing by James M. Frates disclose?
The filing discloses that James M. Frates plans to sell 3,557 AMLX common shares on NASDAQ through Morgan Stanley Smith Barney. It also notes prior sales of 3,326 shares and that he is unaware of any undisclosed material adverse information about the company.
What representation does James M. Frates make about AMLX information in this Form 144?
By signing the notice, he represents that he does not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed. This representation is required as part of the Rule 144 filing language.