eGain officer plans sale of 6,000 shares
EGAIN Corporation (EGAN) received a notice under Rule 144 for a proposed sale of up to 6,000 shares of its common stock for the account of Chandrasekhar J Rao.
Rhea-AI Filing Summary
EGAIN Corporation (EGAN) received a notice under Rule 144 for a proposed sale of up to 6,000 shares of its common stock for the account of Chandrasekhar J Rao. The shares are to be sold through Morgan Stanley Smith Barney, following a stock option exercise on September 15, 2026.
The notice lists an aggregate market value of $30,921 for the shares, with 26,171,467 shares of common stock outstanding as context.
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Key Figures
Shares proposed to be sold: 6,000 shares
Aggregate market value: $30,921
Shares outstanding: 26,171,467 shares
+2 more
5 metrics
Shares proposed to be sold
6,000 shares
Common stock covered by the Rule 144 notice
Aggregate market value
$30,921
Value of 6,000 common shares in the Rule 144 filing
Shares outstanding
26,171,467 shares
EGAIN common stock outstanding as context in the notice
Proposed sale date
September 15, 2026
Date associated with the securities information and stock option exercise
Shares from stock option exercise
6,000 shares
Common stock to be sold, sourced from issuer stock option exercise
Key Terms
Rule 144, stock option exercise, 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.
stock option exercise financial
"Common | 09/15/2026 | Stock Option Exercise | ISSUER"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC ... | 6000 | 30921.00"
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 does the Form 144 filing disclose for EGAN?
The filing discloses a planned sale of 6,000 shares of EGAIN common stock for the account of Chandrasekhar J Rao under Rule 144, to be executed through Morgan Stanley Smith Barney after a stock option exercise dated September 15, 2026.
What is the relationship of the seller to EGAIN (EGAN)?
The notice identifies the person for whose account the securities are to be sold as an Officer of EGAIN Corporation. The sale follows a stock option exercise from the issuer.
AI-generated analysis. How Rhea-AI works. Not financial advice.