Insider to sell 25,000 shares of DRTS (NASDAQ: DRTS) stock
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
An insider, Levy Raphi, has filed a notice of proposed sale of 25,000 ordinary shares of the issuer through Oppenheimer & Co. Inc. on Nasdaq, with an indicated aggregate market value of 160,250.00. The filing states that 70,380,570 ordinary shares were outstanding at the time of the notice.
The securities to be sold were originally acquired as 70,000 restricted stock units (RSUs) from the issuer on 08/08/2021. Over the past three months, the same seller has already sold 20,000 ordinary shares on 01/08/2026 for gross proceeds of 121,650.00. By signing the notice, the seller represents that they are not aware of any material adverse, non‑public information about the issuer’s operations.
Positive
- None.
Negative
- None.
FAQ
How and when did the insider acquire the DRTS securities being sold?
The securities were acquired as 70,000 RSUs from the issuer on 08/08/2021, with the nature of the transaction described as RSU and the payment marked as N/A.
What representation does the seller make about non-public information on this Form 144?
By signing, 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.