Descartes officer plans $3.6M share sale
The securities are listed as coming from a restricted stock award vesting on March 13, 2026.
Rhea-AI Filing Summary
Descartes Systems Group Inc. (DSGX) officer Ryan Edward Joseph See gave notice of a proposed sale of 44,539 common shares through Raymond James & Associates, Inc., at an aggregate market value of $3,563,120.00, with an approximate sale date of September 22, 2026, on NASDAQ. The shares are listed as acquired through a restricted stock award vesting on March 13, 2026. Issuer information lists 85,550,000 shares outstanding.
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Key Figures
Proposed shares for sale: 44,539 shares
Aggregate market value: $3,563,120.00
Shares outstanding: 85,550,000 shares
+1 more
4 metrics
Proposed shares for sale
44,539 shares
Common shares; approximate sale date September 22, 2026
Aggregate market value
$3,563,120.00
Proposed sale
Shares outstanding
85,550,000 shares
Issuer information
Shares acquired through restricted stock award
44,539 shares
Vesting on March 13, 2026
Key Terms
Rule 144, Restricted Stock Award Vesting, aggregate market value
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 Award Vesting financial
"Restricted Stock Award Vesting"
aggregate market value financial
"Aggregate market value"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is the reported market value of the proposed DSGX sale?
The proposed sale has an aggregate market value of $3,563,120.00.
AI-generated analysis. How Rhea-AI works. Not financial advice.