CPA (CPA) insider files Rule 144 to sell 17,459 common shares via Morgan Stanley

Rhea-AI Filing Summary

An affiliate of issuer CPA has filed a Rule 144 notice to sell common shares. The planned transaction covers 17,459 shares of common stock through broker Morgan Stanley Smith Barney LLC, with an aggregate market value of $2,126,506.20. The issuer reports 30,196,170 common shares outstanding, giving context to the size of this planned sale.

The seller, identified as PEDRO OSVALDO HEILBRON CALONGE, acquired these 17,459 shares on 03/31/2024 via an RSA (restricted stock award) from the issuer. Under Rule 144, the filer also discloses recent activity: during the past three months, this person executed several 10b5-1 plan sales of the issuer’s common stock, including 30,000 shares sold on 11/03/2025 for gross proceeds of $3,763,722.00. By signing the notice, the seller represents they are not aware of undisclosed material adverse information about the issuer.

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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	17459	2126506.20	30196170	12/01/2025	NYSE

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	03/31/2024	RSA	Issuer			17459	03/31/2024	N/A

* 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
10b5-1 Sales for PEDRO OSVALDO HEILBRON CALONGE Avenida Principal, Costa del Este Parque Lefevre, Panama City R1 0816-06819	Common	11/03/2025	30000	3763722.00
10b5-1 Sales for PEDRO OSVALDO HEILBRON CALONGE Avenida Principal, Costa del Este Parque Lefevre, Panama City R1 0816-06819	Common	10/03/2025	10185	1223948.76
10b5-1 Sales for PEDRO OSVALDO HEILBRON CALONGE Avenida Principal, Costa del Este Parque Lefevre, Panama City R1 0816-06819	Common	10/02/2025	19815	2381719.41
10b5-1 Sales for PEDRO OSVALDO HEILBRON CALONGE Avenida Principal, Costa del Este Parque Lefevre, Panama City R1 0816-06819	Common	09/23/2025	21943	2651973.93
10b5-1 Sales for PEDRO OSVALDO HEILBRON CALONGE Avenida Principal, Costa del Este Parque Lefevre, Panama City R1 0816-06819	Common	09/22/2025	8057	967283.94

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 Form 144 filing for CPA disclose?

The Form 144 notice for CPA discloses that an affiliate of the issuer plans to sell 17,459 shares of common stock under Rule 144, through Morgan Stanley Smith Barney LLC, with an aggregate market value of $2,126,506.20.

Who is the seller in the CPA Form 144 and how were the shares acquired?

The seller is identified as PEDRO OSVALDO HEILBRON CALONGE. The 17,459 common shares to be sold were acquired on 03/31/2024 via an RSA (restricted stock award) from the issuer.

How large is the planned CPA share sale compared with shares outstanding?

The notice covers 17,459 common shares to be sold. The issuer reports 30,196,170 common shares outstanding, providing a baseline for assessing the relative size of the transaction.

What recent 10b5-1 plan sales are reported for CPA in this notice?

The filing lists several 10b5-1 sales for PEDRO OSVALDO HEILBRON CALONGE over the past three months, including a sale of 30,000 common shares on 11/03/2025 for gross proceeds of $3,763,722.00, along with additional sales in September and October 2025.

Which broker is handling the planned CPA Rule 144 share sale?

The planned sale of 17,459 CPA common shares is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

When is the planned sale date and on which exchange are CPA shares listed?

The approximate date of sale disclosed is 12/01/2025, and the common stock is listed for trading on the NYSE, as stated in the notice.

What representation does the seller make in the CPA Form 144 notice?

By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.