[144] CALIX, INC. SEC Filing

Rhea-AI Filing Summary

Calix, Inc. insider sale notice: This Form 144 shows a proposed sale of 24,000 common shares to be executed through Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $1,440,000. The securities were acquired the same day, 09/04/2025, by stock option exercise with cash paid on acquisition. The filer previously sold common shares on 08/28/2025 (126,000 shares, $7,560,000), 08/04/2025 (74,000 shares, $4,218,000), 07/23/2025 (108,000 shares, $6,064,000) and 07/22/2025 (92,000 shares, $5,060,000), as disclosed in the form. The filer certifies no undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Substantial insider selling disclosed over recent weeks; planned sale is smaller and stems from option exercise.

The filing reports a proposed sale of 24,000 shares acquired by stock option exercise on 09/04/2025 for cash, valued at $1.44 million. Material context comes from prior disposals: four sales between 07/22/2025 and 08/28/2025 totaling 400,000 shares with gross proceeds of $22,902,000. While the current planned sale is routine following option exercise, the pattern of concentrated dispositions by the same individual over a short period can be relevant to market participants evaluating insider activity and share supply dynamics.

Corporate Governance Expert

TL;DR: Disclosure complies with Rule 144 format; signer affirms absence of undisclosed material information.

The Form 144 contains the required seller, broker and transaction details: broker identity, method of acquisition (stock option exercise), payment in cash, and clear listing of recent sales by the same person. The notice includes the statutory representation about no material nonpublic information. There is no indication in this filing of any trading plan date or reliance on Rule 10b5-1, and no additional governance issues are described within the text provided.

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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	24000	1440000.00	65303995	09/04/2025	NYSE

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	09/04/2025	Stock Option Exercise	ISSUER			24000	09/04/2025	Cash

* 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
MICHAEL WEENING 3155 Olsen Drive, Suite 450 SAN JOSE CA 95117	Common	08/28/2025	126000	7560000.00
MICHAEL WEENING 3155 Olsen Drive, Suite 450 SAN JOSE CA 95117	Common	08/04/2025	74000	4218000.00
MICHAEL WEENING 3155 Olsen Drive, Suite 450 SAN JOSE CA 95117	Common	07/23/2025	108000	6064000.00
MICHAEL WEENING 3155 Olsen Drive, Suite 450 SAN JOSE CA 95117	Common	07/22/2025	92000	5060000.00

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)