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CLS (NYSE: CLS) affiliate files Form 144 to sell 140,000 shares via Fidelity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

CLS filed a Form 144 notice disclosing a proposed sale of 140,000 shares of Common Stock by an affiliate, with an aggregate offering price of $56,000,000.00. The filing lists RSU vesting entries of 2,720 (01/31/2020) and 137,280 (02/02/2026). The broker listed is Fidelity Brokerage Services LLC and the market is NYSE.

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Proposed sale 140,000 shares Form 144 filing
Aggregate offering price $56,000,000.00 Form 144 filing
Listed exchange NYSE market for the securities
Broker-dealer Fidelity Brokerage Services LLC 245 Summer Street, Boston MA 02110
RSU vesting example 1 2,720 shares 01/31/2020 RSU Vesting
RSU vesting example 2 137,280 shares 02/02/2026 RSU Vesting
Reference number/date 114,973,107 | 06/15/2026 listed in the filing excerpt
Form 144 regulatory
"144: Filer Information 144: Issuer Information 144: Securities Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
RSU Vesting financial
"01/31/2020 RSU Vesting Common 02/02/2026 RSU Vesting"
RSU vesting is the process by which restricted stock units — a promise by a company to give shares to an employee — become actual, owned shares over time or when certain goals are met. Investors care because vested shares can dilute existing ownership when issued, and the timing of vesting affects when employees can sell shares, which can influence share supply, insider selling patterns, and company incentives.
aggregate offering price financial
"56000000.00 listed near securities information"
The aggregate offering price is the total dollar amount that will be raised if all the securities in an offering are sold at the stated offering price, before fees or expenses are taken out. Investors use it to gauge the size of the fundraising and its potential effects—such as how much cash the company will get and how much existing ownership might be reduced—similar to totaling every item’s price in a shopping cart to see the full bill.
broker-dealer market
"Fidelity Brokerage Services LLC 245 Summer Street Boston MA 02110"
A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.
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144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does CLS's Form 144 disclosure mean?

It notifies the SEC of a proposed affiliate sale of 140,000 shares at an aggregate offering price of $56,000,000.00. The notice signals a planned sale via broker-dealer channels rather than a change in company financials or operations.

Who is the broker handling the proposed sale in the CLS Form 144?

The filing lists Fidelity Brokerage Services LLC at 245 Summer Street, Boston. That firm is identified as the brokerage channel for the proposed sale; the filing does not describe execution timing or specific trade mechanics.

Do the RSU vesting entries in the Form 144 affect the sale amount?

The Form 144 shows RSU vesting of 2,720 (01/31/2020) and 137,280 (02/02/2026). These vesting entries are listed alongside the securities to be sold, but the filing does not explicitly tie each vesting line to the 140,000-share sale quantity.

Does the Form 144 state who receives the sale proceeds?

The notice lists an affiliate sale and an aggregate price of $56,000,000.00, but it does not specify the recipient beneficiary or use of proceeds. The filing focuses on the proposed sale mechanics rather than proceeds allocation.