[144] American Superconductor Corp SEC Filing

Rhea-AI Filing Summary

American Superconductor Corp (AMSC) filed a Form 144 reporting a proposed sale of 9,703 shares of Class A common stock through UBS Financial Services on Nasdaq with an aggregate market value of $493,451. The shares were acquired on 09/20/2016 via a non-qualified stock option issued by the company, and payment for the proposed sale is to be made by wire transfer. The filing lists 45,160,926 shares outstanding and shows no securities sold in the past three months by the seller. The filer also affirms they do not possess undisclosed material information about the issuer.

Insights

Financial Analyst

TL;DR: Small planned insider sale; transaction size is minor relative to outstanding shares.

The Form 144 notifies the market of a proposed sale of 9,703 Class A shares valued at $493,451 to be executed via UBS on Nasdaq. The shares were acquired in 2016 through a non-qualified stock option, which indicates this is an exercise-related disposition rather than a new financing or corporate action. With 45,160,926 shares outstanding reported in the filing, the proposed sale represents a de minimis portion of the float, suggesting limited direct impact on capitalization or trading dynamics.

Corporate Governance Expert

TL;DR: Disclosure complies with Rule 144 requirements and includes the seller's representation on material information.

The filing provides required details: broker name, acquisition date, nature of acquisition (NQ stock option), and payment method (wire transfer). It also includes the seller's attestation that they are not aware of any undisclosed material adverse information. From a governance perspective, this is a routine compliance disclosure enabling a controlled sale by a person subject to Rule 144 restrictions; nothing in the filing indicates regulatory or governance concerns.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Stock	UBS Financial Services Inc 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	9703	493451	45160926	08/08/2025	Nasdaq

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Stock	09/20/2016	NQ Stock Option	Company			9703	08/08/2025	Wire Transfer

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the AMSC Form 144 report?

The Form 144 reports a proposed sale of 9,703 Class A shares of AMSC with an aggregate market value of $493,451 to be sold via UBS on Nasdaq.

When were the shares being sold acquired according to the AMSC filing?

The shares were acquired on 09/20/2016 through a non-qualified (NQ) stock option issued by the company.

How will the payment for the proposed AMSC share sale be made?

The filing states payment is to be made by wire transfer.

Does the AMSC Form 144 report any securities sold by the seller in the past three months?

No. The filing indicates "Nothing to Report" for securities sold during the past three months.

How many AMSC shares outstanding are reported in the Form 144?

The filing shows 45,160,926 shares outstanding.