Cineverse (NASDAQ: CNVS) insider lines up share sale from vested stock
Rhea-AI Filing Summary
Cineverse Corp. (CNVS) received a notice under Rule 144 for a proposed sale of Class A shares held for the account of Mark Antonio Huidor. Fidelity Brokerage Services LLC plans to sell 15,000 Class A shares, with an indicated aggregate market value of $40,136.88, on or about August 19, 2026 through NASDAQ. The shares derive from restricted stock vesting on April 25, 2025, granted as compensation. The notice lists 23,771,387 Class A shares outstanding as context.
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Key Figures
Shares to be sold: 15,000 shares
Aggregate market value: $40,136.88
Shares outstanding: 23,771,387 shares
+2 more
5 metrics
Shares to be sold
15,000 shares
Class A shares to be sold for the account of Mark Antonio Huidor under Rule 144
Aggregate market value
$40,136.88
Aggregate market value of 15,000 Class A shares listed in the securities information
Shares outstanding
23,771,387 shares
Number of Class A shares outstanding reported in the Rule 144 securities information
Planned sale date
08/19/2026
Proposed date of sale for the 15,000 Class A shares under Rule 144
Restricted stock vesting date
04/25/2025
Date of restricted stock vesting that is the source of the shares
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of 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 Vesting financial
"Class A | 04/25/2025 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
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AI-generated analysis. How Rhea-AI works. Not financial advice.