STOCK TITAN

Smartbird (NASDAQ: BIRD) director moves to sell 9,200 shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Smartbird, Inc. (BIRD) received a notice of proposed sale on Form 144 relating to Class A Common Stock held for the account of director Richard W. Boyce. The notice covers a proposed sale of 9,200 shares of Class A Common Stock through Charles Schwab & Co., Inc., with an approximate aggregate market value of $21,873.00, based on a stated 9,315,794 shares of this class outstanding as of the notice. The filing also lists restricted stock lapses tied to equity compensation awards of 6,200 shares on 06/06/2026 and 3,000 shares on 06/07/2025.

Positive

  • None.

Negative

  • None.
Shares proposed for sale 9,200 shares of Class A Common Stock Covered by the Form 144 notice for Smartbird, Inc.
Aggregate market value $21,873.00 Approximate aggregate market value for 9,200 shares in the notice
Shares outstanding 9,315,794 shares Class A Common Stock outstanding referenced in the Form 144
Restricted stock lapse amount (2026) 6,200 shares Class A Common Stock tied to restricted stock lapse dated 06/06/2026
Restricted stock lapse amount (2025) 3,000 shares Class A Common Stock tied to restricted stock lapse dated 06/07/2025
Form 144 regulatory
"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.
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
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.
Restricted Stock Lapse financial
"Class A Common Stock | 06/06/2026 | Restricted Stock Lapse |"
Equity Compensation financial
"06/06/2026 | Equity Compensation Class A Common Stock"
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.

FAQ

What does the Form 144 filing disclose for Smartbird, Inc. (BIRD)?

The Form 144 notice relates to director Richard W. Boyce and covers a proposed sale of 9,200 shares of Smartbird, Inc. Class A Common Stock, with an approximate aggregate market value of $21,873.00, as referenced in the filing.

How many Smartbird (BIRD) shares are covered by the proposed sale?

The proposed sale covers 9,200 shares of Smartbird, Inc. Class A Common Stock, to be sold through Charles Schwab & Co., Inc. as identified in the Form 144 notice.

What share value and outstanding share count are referenced for BIRD?

The Form 144 references an approximate aggregate market value of $21,873.00 for the 9,200 shares proposed for sale and notes 9,315,794 shares of the same class outstanding as of the notice.

Who is the person for whose account Smartbird (BIRD) shares are to be sold?

The person for whose account the securities are to be sold is Richard W. Boyce, identified in the filing as a Director of Smartbird, Inc.

On which market are the Smartbird (BIRD) shares in this Form 144 listed?

The Class A Common Stock referenced in the Form 144 is listed as trading on NASDAQ, as indicated in the securities information section of the notice.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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