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
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Negative
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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.
Key Figures
Key Terms
Rule 144 regulatory
Common Stock financial
Proposed sale regulatory
Selling holder financial
FAQ
What does the ELVN Form 144 filing report?
Does the Form 144 excerpt state how sales will be executed?
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