Arash Foroughi reports two 50,000-share Rule 144 sales
Arash Adam Foroughi reported proposed sales of Common Stock under Rule 144.
Rhea-AI Filing Summary
Arash Adam Foroughi reported proposed sales of Common Stock under Rule 144. The filing lists a 50,000-share sale on 03/11/2026 and a 50,000-share sale on 03/12/2026, each tied to reported cash transactions through Morgan Stanley Smith Barney LLC. The securities are labeled as Founder Stock.
Positive
- None.
Negative
- None.
Insights
Form 144 discloses two proposed Rule 144 dispositions by an insider entity.
The excerpt lists two separate proposed sales of Common Stock by Arash Adam Foroughi: $23,301,830.00 for 03/11/2026 and $22,911,585.00 for 03/12/2026. Each line names Morgan Stanley Smith Barney LLC as the broker.
These are routine resale notices under Rule 144. Timing and final execution depend on market transactions and Rule 144 conditions; subsequent filings would show completed dispositions if they occur.
Key Figures
Key Terms
Rule 144 regulatory
Founder Stock financial
Morgan Stanley Smith Barney LLC other
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does APP Form 144 filed by Arash Adam Foroughi disclose?
Who is listed as the broker in the APP Form 144 excerpt?
Do these Form 144 entries mean the sales were completed for APP?
AI-generated analysis. How Rhea-AI works. Not financial advice.