Planned CIFR (NASDAQ: CIFR) stock sale flagged in Form 144 filing
Rhea-AI Filing Summary
Patrick A. Kelly filed a notice to sell 35,568 shares of common stock of issuer CIFR through Fidelity Brokerage Services LLC on or about 01/15/2026 on the NASDAQ, with an aggregate market value of $631,598.06. These shares were acquired on 01/01/2024 through restricted stock vesting from the issuer as compensation.
Over the prior three months, Patrick A. Kelly sold additional common shares of the same issuer, including 26,581 shares on 10/15/2025 for gross proceeds of $560,449.40, 26,580 shares on 11/17/2025 for $377,581.94, and 35,569 shares on 12/15/2025 for $536,504.22. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.
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FAQ
What does this Form 144 filing for CIFR disclose?
The filing discloses that Patrick A. Kelly intends to sell 35,568 shares of CIFR common stock on or about 01/15/2026 on the NASDAQ, with an aggregate market value of $631,598.06, through Fidelity Brokerage Services LLC.
How many CIFR shares is Patrick A. Kelly planning to sell?
He plans to sell 35,568 shares of CIFR common stock, with an indicated aggregate market value of $631,598.06, according to the Form 144 notice.
How did Patrick A. Kelly acquire the CIFR shares being sold?
The 35,568 shares to be sold were acquired on 01/01/2024 via restricted stock vesting from the issuer, recorded as compensation.
What CIFR stock sales has Patrick A. Kelly made in the last 3 months?
In the past three months, he sold CIFR common stock in three transactions: 26,581 shares on 10/15/2025 for $560,449.40, 26,580 shares on 11/17/2025 for $377,581.94, and 35,569 shares on 12/15/2025 for $536,504.22.
Which broker and exchange are involved in the planned CIFR share sale?
The planned sale will be executed through Fidelity Brokerage Services LLC, and the shares are listed for trading on the NASDAQ exchange.
Does the Form 144 for CIFR include any representation about undisclosed information?
Yes. By signing the notice, the seller represents that he does not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.