ELVN (Nasdaq) selling holders report proposed sale, recent 272,322-share disposition
Rhea-AI Filing Summary
ELVN notice of proposed sale of Common Stock under Rule 144 by selling holders, reporting broker allocations and recent dispositions.
The filing lists a proposed sale of 833,800 shares (dated 02/23/2023), broker entries showing 787,024 and 46,776 shares, and a recent reported sale of 272,322 shares on 06/15/2026 for $12,259,936.44. The excerpt shows total shares outstanding as 69,822,989 as of 06/22/2026.
Positive
- None.
Negative
- None.
Insights
Rule 144 sale notice lists proposed and recent sales without proceeds recipient detail.
The filing documents a proposed sale of 833,800 shares and a recorded disposition of 272,322 shares on 06/15/2026 for $12,259,936.44. It includes broker entries and an outstanding share count of 69,822,989 as of 06/22/2026.
Timing, exact beneficial sellers for each broker allocation, and whether resale is subject to holding-period or other conditions are not detailed in the excerpt; subsequent filings or broker confirmations would clarify transfer mechanics.
Reported disposals create potential near-term supply but are routine Rule 144 transactions.
The excerpt shows broker-allocated lots with Jefferies at 787,024 shares and Morgan Stanley at 46,776 shares, and a recent sale by a holder of 272,322 shares for $12,259,936.44. These entries document executed or proposed resale activity rather than company actions.
Market impact will depend on whether holders actually sell listed amounts; the filing does not specify execution method, timing, or whether sales are part of scheduled liquidity plans.