STOCK TITAN

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

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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.

Positive

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Negative

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Insights

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.

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
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.
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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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.