CHYM (NASDAQ: CHYM) insider plans Rule 144 sale and notes 10b5-1 trades
Rhea-AI Filing Summary
CHYM filed a notice of proposed sale of common stock under Rule 144. A brokerage account at Morgan Stanley Smith Barney LLC plans to sell 117,000 common shares, with an aggregate market value of $3,656,250.00, against 347,019,852 shares outstanding as of the filing, with sales expected around August 7, 2026. The shares relate to 67,157 Restricted Stock Units granted June 12, 2025 and 49,843 shares from previously exercised stock options dated October 22, 2019. The filing also reports prior 10b5-1 sales by Alexandra Britt of 200,000 common shares on August 6, 2026 for proceeds of $5,838,010.00.
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Key Figures
Proposed shares to be sold: 117,000 shares
Aggregate market value of proposed sale: $3,656,250.00
Shares outstanding: 347,019,852 shares
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7 metrics
Proposed shares to be sold
117,000 shares
Common stock proposed for sale under Rule 144
Aggregate market value of proposed sale
$3,656,250.00
Value of 117,000 common shares to be sold
Shares outstanding
347,019,852 shares
Common shares outstanding referenced in the filing
Restricted Stock Units linked
67,157 units
RSUs dated June 12, 2025 related to shares to be sold
Previously exercised stock options
49,843 shares
Shares from options dated October 22, 2019
Recent 10b5-1 shares sold
200,000 shares
10b5-1 sales on August 6, 2026 for Alexandra Britt
Proceeds from recent 10b5-1 sales
$5,838,010.00
Total proceeds from 200,000-share sale on August 6, 2026
Key Terms
Rule 144, Restricted Stock Units, 10b5-1 sales, Previously Exercised Stock Options
4 terms
Rule 144 regulatory
"filed a notice of proposed sale of common stock under 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 Units financial
"67,157 Restricted Stock Units granted June 12, 2025"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 sales regulatory
"The filing also reports prior 10b5-1 sales by Alexandra Britt"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Previously Exercised Stock Options financial
"49,843 shares from previously exercised stock options dated October 22, 2019"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock sale is CHYM reporting in this Form 144 filing?
CHYM reports a planned sale of 117,000 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $3,656,250.00, in reliance on Rule 144 for resales of restricted or control securities.
Who is the broker handling the proposed CHYM Rule 144 sale?
The proposed Rule 144 sale of 117,000 CHYM common shares is listed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.
On which exchange is CHYM common stock listed in this filing?
The Form 144 identifies CHYM’s common stock as trading on the NASDAQ market, providing context for where the proposed 117,000-share sale would occur.