STOCK TITAN

Insider Mark Jacobson sells Class A shares (AXSM) under Rule 144

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

Rhea-AI Filing Summary

The filing is a Rule 144 notice reporting proposed sales of Class A Common shares by Mark Jacobson and related entries. The excerpt lists three recent dispositions: 15,378 shares on 02/26/2026 for $2,505,062.36, 20,000 shares on 02/26/2026 for $3,221,848, and 4,517 shares on 05/04/2026 for $1,029,598.66. The filing notes securities were acquired as compensation and a cashless exercise / same-day sale method is referenced.

Positive

  • None.

Negative

  • None.
Sale — shares 15,378 shares Sale dated 02/26/2026
Sale — aggregate proceeds $2,505,062.36 Proceeds for 15,378 shares on 02/26/2026
Sale — shares 20,000 shares Sale dated 02/26/2026
Sale — aggregate proceeds $3,221,848 Proceeds for 20,000 shares on 02/26/2026
Sale — shares 4,517 shares Sale dated 05/04/2026
Sale — aggregate proceeds $1,029,598.66 Proceeds for 4,517 shares on 05/04/2026
Rule 144 regulatory
"144: Securities Sold During The Past 3 Months"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
cashless exercise / same-day sale financial
"Compensation -- Cashless exercise / same-day sale"
acquired as compensation -- Stock Options financial
"05/05/2026 | Acquired as compensation -- Stock Options"

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 the AXSM Form 144 disclose about recent insider sales?

The filing discloses proposed sales of Class A Common shares by an insider. It lists sales of 15,378, 20,000, and 4,517 shares on 02/26/2026 and 05/04/2026, with aggregate proceeds shown alongside each transaction.

Who is the reported seller in the AXSM Form 144 filing?

The filing identifies Mark Jacobson as the reporting party. His name and address appear with multiple sale entries, indicating he is associated with the disclosed Class A Common share dispositions in the excerpt provided.

Were the shares in the AXSM filing acquired as compensation or purchased?

The excerpt states the securities were "acquired as compensation — Stock Options." It also references a cashless exercise / same-day sale method for the securities described in the filing excerpt.

What amounts are shown for the transactions in the Form 144 excerpt for AXSM?

Aggregate amounts are listed with each sale line. The excerpt shows $2,505,062.36 for 15,378 shares, $3,221,848 for 20,000 shares, and $1,029,598.66 for 4,517 shares as reported.

Does the AXSM Form 144 specify how the sales will be executed?

The excerpt references "cashless exercise / same-day sale" and lists a broker identifier (Goldman Sachs & Co. LLC). Specific distribution methods beyond that phrase are not detailed in the provided excerpt.