Insider sale and 2.23M restricted shares for Independent Trading Group (ASPI)

Rhea-AI Filing Summary

Independent Trading Group (ITG) Inc. reported a Form 144 notice showing insider selling activity and recent equity compensation. The filing lists a sale of $881,463.71 for 162,153 shares reported on 03/02/2026. It also shows 2,233,555 restricted shares acquired as compensation on 05/28/2026. Shares outstanding are stated as 125,903,447 as of 06/01/2026.

Insights

Securities Attorney

Form 144 documents a registered sale notice and equity compensation receipt.

Form 144 is a statutory notice required when affiliates propose to sell restricted or control securities; the filing here lists a $881,463.71 sale for 162,153 shares on 03/02/2026. The entry for 2,233,555 restricted shares acquired on 05/28/2026 is shown under equity compensation.

Compliance depends on timing and Rule 144 conditions such as holding period and volume limits; the excerpt does not state whether all Rule 144 criteria were met or the planned distribution method. Subsequent transfer documents or broker records will show settlement details.

Capital Markets Analyst

Notable nominal insider selling plus a large compensation grant are both disclosed.

The filing shows a reported disposition of 162,153 shares producing $881,463.71, and an equity compensation award of 2,233,555 restricted shares vested or acquired on 05/28/2026. Shares outstanding are listed as 125,903,447 as of 06/01/2026.

These items are factual disclosures; the economic impact depends on how and when the restricted shares become eligible for sale and any volume/beneficial ownership limits. Future filings may disclose further transactions or plan mechanics.

Key Figures

Shares sold (past 3 months): 162,153 shares Proceeds from sale: $881,463.71 Restricted shares acquired: 2,233,555 shares +1 more

4 metrics

Shares sold (past 3 months) 162,153 shares sale reported on 03/02/2026

Proceeds from sale $881,463.71 proceeds tied to 162,153-share sale

Restricted shares acquired 2,233,555 shares acquired as compensation on 05/28/2026

Shares outstanding 125,903,447 shares as of 06/01/2026

Key Terms

Form 144, Restricted Stock Award, Equity Compensation

3 terms

Form 144 regulatory

"Form 144 notice showing insider selling activity and equity compensation"

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.

Restricted Stock Award financial

"Acquired as compensation --Restricted Stock Award on 05/28/2026"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

Equity Compensation financial

"Equity Compensation listed as the reason for securities acquired"

Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

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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

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 Stock	Independent Trading Group (ITG) Inc. 33 Yonge Street Suite 420 Toronto A6 M5E 1G4	251275	1954919	125903447	06/01/2026	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 *
Common Stock	05/28/2026	Acquired as compensation --Restricted Stock Award	Issuer			2233555	05/28/2026	Equity Compensation

* 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
Mann Paul Elliot 2200 Ross Avenue Suite 4575E Dallas TX 75201	Common Stock	03/02/2026	162153	881463.71

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)

FAQ

What does the Form 144 for ASPI disclose?

The Form 144 reports a reported sale of 162,153 shares generating $881,463.71 on 03/02/2026. It also lists 2,233,555 restricted shares acquired as compensation on 05/28/2026 and outstanding shares on 06/01/2026.

Who filed the sale and how large was it for ASPI?

The excerpt names an address for Mann Paul Elliot and records a sale of 162,153 shares reported on 03/02/2026, with proceeds listed as $881,463.71. The filing is a statutory notice of proposed sale under securities rules.

What restricted stock activity is shown for ASPI?

The filing records an equity compensation entry showing 2,233,555 restricted shares 'Acquired as compensation' on 05/28/2026. The line labels the grant as Equity Compensation but does not state when or how those shares may be resold.

How many shares outstanding does ASPI report in this excerpt?

The excerpt shows 125,903,447 shares outstanding as of 06/01/2026. That figure is presented as a baseline context in the filing excerpt; the filing does not tie outstanding shares directly to the registration of any specific resale here.