Exact Sciences (EXAS) Form 144 - Restricted Stock Vesting Sale Notice
Rhea-AI Filing Summary
Exact Sciences (EXAS) submitted a Form 144 notifying a proposed sale of 1,485 shares of common stock through Fidelity Brokerage Services LLC (900 Salem Street, Smithfield, RI 02917) with an aggregate market value of $62,399.70. The securities were acquired on 06/12/2025 by restricted stock vesting and payment is listed as compensation. The approximate date of sale is reported as 08/13/2025, and the filing states there were no securities sold during the past three months by the person for whose account the sale is proposed. The filing also discloses total shares outstanding of 189,319,110 and includes the standard representation that the filer does not know of any undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale notice for vested compensation; size appears de minimis versus outstanding shares.
The Form 144 reports a proposed sale of 1,485 common shares with an aggregate market value of $62,399.70, acquired by restricted stock vesting on 06/12/2025. The broker is Fidelity Brokerage Services LLC and the approximate sale date is 08/13/2025. The filing states 189,319,110 shares outstanding and notes no sales in the past three months by the reporting person. Impact assessment: not impactful for investors given the small absolute size and routine compensation origin of the shares.
TL;DR: Disclosure follows Rule 144 mechanics and includes the standard representation on material non-public information.
The notice documents that the shares arose from restricted stock vesting and lists payment as compensation, which aligns with routine insider equity compensation practices. The form reiterates the filers representation that they do not know of any undisclosed material adverse information and references Rule 10b5-1 language for plan adoption or trading instructions. From a governance perspective, the filing is a standard compliance disclosure with no indications of governance or disclosure lapses within the provided content.