CLS insider plans to sell 39,492 shares as compensatory payment (CLS)
Filing Impact
Filing Sentiment
Form Type
144
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.
Positive
- None.
Negative
- None.
Insights
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.
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.