Eton Pharma (ETON) insider to sell more stock after $3.8M sale
Rhea-AI Filing Summary
Eton Pharmaceuticals, Inc. (ETON) is the issuer of common stock that Sean E. Brynjelsen plans to sell under Rule 144. The notice lists a proposed sale of 100,000 common shares through Raymond James & Associates and discloses that 120,000 shares of common stock were sold on 05/28/2026 for about $3,826,015.00. The securities to be sold trace back to 1,000,000 founder shares acquired on 05/17/2017.
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Key Figures
Proposed shares to be sold: 100000 shares
Aggregate market value of proposed sale: 6343000.00
Shares sold in past 3 months: 120000 shares
+3 more
6 metrics
Proposed shares to be sold
100000 shares
Common stock proposed for sale through Raymond James & Associates under Rule 144
Aggregate market value of proposed sale
6343000.00
Aggregate value associated with the 100,000 common shares listed for sale
Shares sold in past 3 months
120000 shares
Common stock sold by Sean Brynjelsen on 05/28/2026
Aggregate value of recent sale
3826015.00
Aggregate amount for 120,000 common shares sold on 05/28/2026
Founder shares acquired
1000000 shares
Founder shares of common stock acquired from issuer on 05/17/2017
Rule 144 holding period end date
08/19/2026
Date associated with the Rule 144 securities information entry
Key Terms
Rule 144, founder shares, attorney-in-fact
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.
attorney-in-fact regulatory
"as attorney-in-fact for Sean E Brynjelsen"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
Who is acting on behalf of Sean E. Brynjelsen in the ETON Rule 144 sale?
The notice is signed by Rashida Mitchell, described as a duly authorized representative of Raymond James & Associates, Inc., acting as attorney-in-fact for Sean E. Brynjelsen in connection with the planned Rule 144 sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.