EXTR (EXTR) affiliate to sell 50,000 Class A shares via Goldman Sachs
Rhea-AI Filing Summary
EXTR submitted a Form 144 notice reporting a proposed sale of 50,000 shares of Class A Common stock by an affiliate using Goldman Sachs & Co. LLC as broker-dealer, with a filing date of 05/04/2026. The 50,000 shares arise from two restricted stock award grants: 13,354 shares granted 11/12/2025 and 36,646 shares granted 11/04/2021.
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Insights
Form 144 notifies markets of a planned Rule 144 sale of restricted shares.
Form 144 is a notification tool for proposed resales under Rule 144; it does not itself effect a sale. The filing lists 50,000 Class A Common shares and names Goldman Sachs as the broker-dealer. Timing and transaction details beyond the filing date are not provided in the excerpt.
Key items to watch in later filings are actual sale dates, amounts sold, and confirmations that volume and manner of sale complied with Rule 144 conditions.
Grant provenance suggests compensation-related disposals, not open-market purchases.
The shares originate from two restricted stock awards dated 11/12/2025 (13,354 shares) and 11/04/2021 (36,646 shares). The filing attributes the securities to "Acquired as compensation -- Restricted Stock Awards," indicating these are compensation-related holdings being resold by an affiliate.
Subsequent Form 4 or broker reports may show execution method and any Rule 10b5-1 plan details if applicable.