AORT insider James Mackin files Form 144 to sell 30,921 shares
Rhea-AI Filing Summary
James Mackin filed a Form 144 notice to sell 30,921 common shares of the issuer through Fidelity Brokerage Services LLC on the NYSE, with 47,374,939 shares outstanding. The shares relate to an option originally granted on 03/05/2019 and acquired on 12/03/2025, with the purchase price paid in cash on the same date. In the past three months, Mackin has sold additional common shares in three transactions, totaling 17,580 shares for gross proceeds of $784,400.26, 34,210 shares for $1,568,812.44, and 30,921 shares for $1,408,736.02. By signing the notice, the seller 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 Form 144 filing for AORT disclose about James Mackin?
The filing shows that James Mackin has filed a notice under Rule 144 to sell 30,921 common shares of the issuer through Fidelity Brokerage Services LLC on the NYSE, with the planned sale date listed as 12/03/2025.
How many AORT shares did James Mackin sell in the past three months?
Over the past three months, James Mackin sold 17,580 common shares on 11/10/2025, 34,210 shares on 11/13/2025, and 30,921 shares on 12/02/2025, as disclosed in the Form 144.
What were the gross proceeds from James Mackin’s recent AORT share sales?
The filing reports gross proceeds of $784,400.26 from the 11/10/2025 sale, $1,568,812.44 from the 11/13/2025 sale, and $1,408,736.02 from the 12/02/2025 sale of common shares.
How many AORT shares are outstanding according to this Form 144?
The Form 144 states that there are 47,374,939 common shares outstanding for the issuer at the time of the notice.
How did James Mackin acquire the AORT shares being sold under this Form 144?
The filing explains that the 30,921 common shares to be sold were acquired from the issuer via an option granted on 03/05/2019, with the shares acquired on 12/03/2025 and paid for in cash on that date.
What representation does the seller make in this AORT Form 144 filing?
By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.