CLS insider plans to sell 39,492 shares as compensatory payment (CLS)

Rhea-AI Filing Summary

CLS notice: a proposed sale of 39,492 shares of Common Stock is listed as a compensatory payment dated 03/17/2026.

The excerpt also records a prior sale of 37 shares on 02/20/2026 for $10,703.29 by Luis Muller and identifies Kevin Reavey in the filer information.

Insights

Securities Attorney

Regulation-driven notice of an insider resale of compensatory shares.

The filing lists a proposed resale of 39,492 Common Stock shares dated 03/17/2026 described as a Stock Bonus / compensatory payment. This is a routine Form 144 disclosure required before certain affiliate sales.

Also shown: a completed transaction of 37 shares on 02/20/2026 for $10,703.29. Subsequent SEC filings will show whether and when the larger proposed sale is effected.

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

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 Stock	Kevin Reavey 75 Rockefeller Plaza New York NY 10019	39492	10818563	0	03/23/2026	CLS

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 Stock	03/17/2026	Stock Bonus	CLS			39492	03/17/2026	Compensatory Payment

* 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
Luis Muller 7816 SANTALUZ INLT SAN DIEGO CA 92127	Common Stock	02/20/2026	37	10703.29

144: Remarks and Signature

Remarks

Date of Notice

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)

FAQ

What does the CLS Form 144 say about the amount to be sold?

The filing lists a proposed sale of 39,492 shares. The entry labels these shares as a Stock Bonus and a compensatory payment dated 03/17/2026. The filing functions as a notice of the intended resale.

Did any insider sales occur before the Form 144 filing for CLS?

Yes — a sale of 37 shares is recorded. The excerpt shows Luis Muller sold 37 shares on 02/20/2026 for $10,703.29, reported separately from the proposed 39,492-share notice.

Who is identified in the CLS filer information on this excerpt?

Kevin Reavey is named in the filer information with an address at 75 Rockefeller Plaza, New York, NY 10019. The excerpt ties filer identity to the securities entries shown.

Are the 39,492 shares described as compensation or an open-market sale in the CLS filing?

The 39,492 shares are described as a compensatory stock bonus. The line labels the entry as Stock Bonus and Compensatory Payment, dated 03/17/2026, indicating the shares’ origin in compensation.

Does the Form 144 excerpt state proceeds or timing for the proposed 39,492-share sale?

The excerpt lists the proposed quantity and date but does not provide sale proceeds or execution timing for the 39,492 shares. Future SEC filings would disclose whether and when those shares are sold.