[144] Cytosorbents Corp. SEC Filing
Cytosorbents Corp. (CTSO) filed a Form 144 reporting a proposed sale of 10,548 common shares through Fidelity Brokerage Services with an approximate sale date of 08/19/2025. The filing shows the shares were acquired on 08/14/2025 by restricted stock vesting from the issuer as compensation. The aggregate market value of the planned sale is listed as $11,447.74 and the company reports 62,761,805 shares outstanding. No other sales in the past three months are reported.
- The filing clearly discloses acquisition method as restricted stock vesting, linking the sale to compensation rather than external purchase.
- All required fields for the planned sale are provided: number of shares, aggregate market value, approximate sale date, broker name, and shares outstanding.
- An insider plans to sell vested shares, which is a disposition by an insider (though the amount appears immaterial relative to total outstanding shares).
- Several filer and issuer identifying fields (CIK, filer name, issuer name/address, submission contact details) are not presented in the provided content.
Insights
TL;DR: Routine insider sell of vested compensation shares; size is immaterial relative to outstanding shares.
The Form 144 documents a planned sale of 10,548 common shares valued at $11,447.74, representing roughly 0.017% of the 62.76 million shares outstanding. The shares were acquired via restricted stock vesting and are being sold through Fidelity Brokerage Services with an approximate sale date of 08/19/2025. This appears to be a compensation-related disposition rather than a large-scale insider liquidation, and no other sales in the prior three months are reported.
TL;DR: Filing meets Rule 144 disclosure for a compensatory vesting sale; no material compliance red flags visible in the notice.
The notice identifies the nature of acquisition (restricted stock vesting), the broker (Fidelity Brokerage Services), the number of shares, aggregate market value, and an approximate sale date, consistent with Rule 144 requirements. The signer affirms no undisclosed material adverse information. Absent additional context (e.g., a trading plan date), the filing reads as a routine compliant disclosure of a scheduled sale of vested compensation shares.