Aziz Megji to sell 30,650 ASAN shares under 10b5-1 (ASAN)

Rhea-AI Filing Summary

Aziz Megji reported a proposed sale of 30,650 shares of Common Stock via a Form 144. The filing records the transaction date as 03/27/2026 and lists proceeds of $187,066.15 under a 10b5-1 plan. The notice also references Restricted Stock Units dated 03/20/2026.

Insights

Insider Transactions Compliance Expert

Form 144 shows a Rule 10b5-1 planned sale of 30,650 shares by Aziz Megji.

The filing lists a proposed disposition of 30,650 shares with gross proceeds of $187,066.15 and a transaction date of 03/27/2026. The sale is framed as executed under a 10b5-1 plan, which indicates a pre-arranged trading program.

Timing and cash‑flow treatment are limited to the stated figures; subsequent filings (e.g., Forms 4 or 5) would show executed sale details and remaining holdings if reported. Compliance reviewers typically verify plan adoption dates and plan terms when assessing permissibility.

Key Figures

Form type: Form 144 Shares proposed for sale: 30,650 shares Gross proceeds listed: $187,066.15 +2 more

5 metrics

Form type Form 144 insider notice of proposed sale

Shares proposed for sale 30,650 shares proposed disposition date 03/27/2026

Gross proceeds listed $187,066.15 associated with the 30,650-share sale

Transaction method 10b5-1 plan sales reported as pursuant to a 10b5-1 plan

Restricted Stock Units date 03/20/2026 RSUs referenced in the filing

Key Terms

10b5-1, Restricted Stock Units, Form 144

3 terms

10b5-1 regulatory

"10b5-1 Sales for AZIZ MEGJI 633 Folsom Street"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Restricted Stock Units financial

"Restricted Stock Units | Issuer | 03/20/2026"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Form 144 regulatory

"Filer Information | 144: Filer Information"

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.

FAQ

What does Aziz Megji's Form 144 for ASAN report?

It reports a proposed sale of 30,650 shares on 03/27/2026. The filing lists gross proceeds of $187,066.15 and indicates the sale was under a 10b5-1 plan.

Does the filing show the sale was executed or planned?

Form 144 is a notice of a proposed sale, not a trade confirmation. Execution details would appear in subsequent filings such as Form 4 or Form 5 if applicable.

What is a 10b5-1 plan as referenced in the filing?

A 10b5-1 plan is a pre-arranged trading plan allowing scheduled sales. The filing indicates the sale used such a plan; plan terms are not shown in this excerpt.

Are Restricted Stock Units mentioned in the Form 144?

Yes; the filing references Restricted Stock Units dated 03/20/2026. The excerpt does not state whether those RSUs were the source of the shares being sold.

How much cash is shown as proceeds from the proposed sale?

The filing lists gross proceeds of $187,066.15 tied to the proposed disposition of 30,650 shares on 03/27/2026.

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

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Available on EDGAR 06/22/2026 - 04:41 PM Accepted by SEC EDGAR 06/22/2026 - 04:40 PM Learn about SEC filing dates

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
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	6089	42135.88	160969547	06/22/2026	NYSE

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 *
Common	03/20/2026	Restricted Stock Units	Issuer			6089	03/20/2026	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for AZIZ MEGJI 633 Folsom Street, Suite 100 San Francisco CA 94107	Common	03/27/2026	30650	187066.15

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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)