BIRD insider files Form 144 to sell 3,666 vested shares on NASDAQ
Rhea-AI Filing Summary
Allbirds, Inc. insider or controlled person filed a Form 144 to notify a proposed sale of 3,666 common shares, with an aggregate market value of $23,354, to be sold through Charles Schwab & Co., Inc. on or about 09/03/2025 on NASDAQ. The filing states the shares were acquired on 09/03/2025 upon lapse of restricted stock and are part of equity compensation. The filer also reported a prior sale on 06/03/2025 of 4,450 shares for gross proceeds of $31,800. The notice includes the required representation that the seller is not aware of undisclosed material adverse information about the issuer.
Positive
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Negative
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Insights
TL;DR: Routine Rule 144 notice for a small equity-compensation stock sale; not clearly material to Allbirds' capital structure.
The filing documents a proposed sale of 3,666 common shares valued at $23,354, arising from restricted stock lapse and designated as equity compensation. Given the issuer's reported outstanding shares of 5,604,113, the proposed sale represents a very small fraction of total shares outstanding. The disclosure complies with Rule 144 notification requirements and lists the broker and expected execution date. There is no new operational, financial, or governance information in the filing and no indication of undisclosed material facts per the seller's representation.
TL;DR: Filing appears compliant and procedural; prior recent sale is disclosed, suggesting normal insider liquidity activity.
The form shows the shares resulted from restricted stock vesting and will be sold through a named brokerage firm. The seller previously sold 4,450 shares on 06/03/2025 for $31,800, which the disclosure aggregates appropriately. From a governance and disclosure standpoint, the notice includes the standard certification about material nonpublic information and the statutory warning regarding false statements. No governance events or executive changes are disclosed.