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Insider linked to Calix (CALX) plans Rule 144 sale of 25,000 shares

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

Rhea-AI Filing Summary

Calix insider plans to sell 25,000 common shares under Rule 144. The shares are held for the account of a reporting person and are to be sold through Wells Fargo Clearing Services on the NYSE, with an approximate sale date of 02/03/2026 and an aggregate market value of 1,180,432.28.

The 25,000 shares were acquired on 01/30/2023 via stock options from the issuer, paid in cash on the same date. The notice also lists sales during the past three months, including 25,000 shares sold by Crescentico Trust and 395,000 shares sold by Carl Russo, with stated gross proceeds.

Positive

  • None.

Negative

  • None.

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 insider transaction does Calix (CALX) report in this Form 144?

Calix reports a planned sale of 25,000 common shares under Rule 144. The shares are to be sold on the NYSE through Wells Fargo Clearing Services, with an aggregate market value listed as 1,180,432.28 and an approximate sale date of 02/03/2026.

How were the 25,000 Calix (CALX) shares in this Form 144 acquired?

The 25,000 Calix shares were acquired through stock options from the issuer. The acquisition date is recorded as 01/30/2023, with the amount fully paid in cash on the same date, indicating an option exercise that converted into common shares now eligible for resale.

What recent Calix (CALX) share sales are disclosed over the past three months?

The notice lists share sales by Crescentico Trust and Carl Russo. Crescentico Trust sold 25,000 shares for gross proceeds of 1,638,110.09, while Carl Russo sold 395,000 shares for gross proceeds of 25,280,000.00, all identified as securities of Calix, Inc.

Which broker and exchange are involved in this Calix (CALX) Rule 144 sale?

The planned Calix share sale will use Wells Fargo Clearing Services on the NYSE. The broker’s address is given as One North Jefferson Avenue, St. Louis, Missouri, and the class of securities to be sold is identified as common stock listed on the New York Stock Exchange.

What representation does the Calix (CALX) insider make in this Form 144?

The insider represents they know no undisclosed material adverse information about Calix. By signing the notice, the person for whose account the securities are sold confirms that all material information about Calix’s current and prospective operations has been publicly disclosed.

Does the Calix (CALX) Form 144 reference Rule 10b5-1 trading plans?

The form allows for reliance on a Rule 10b5-1 trading plan. It notes that, if a written trading plan or instructions are used, signing the notice and providing the adoption date represents the person’s status as of that plan or instruction date under Rule 10b5-1.
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Software - Infrastructure
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United States
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