STOCK TITAN

EXTR (EXTR) affiliate to sell 50,000 Class A shares via Goldman Sachs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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.

Positive

  • None.

Negative

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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.

Shares proposed for resale 50,000 shares Class A Common, filing date 05/04/2026
Restricted award — 2025 grant 13,354 shares Acquired as compensation — Restricted Stock Award dated 11/12/2025
Restricted award — 2021 grant 36,646 shares Acquired as compensation — Restricted Stock Award dated 11/04/2021
Broker-dealer listed Goldman Sachs & Co. LLC Broker-dealer handling the proposed sale
Restricted Stock Awards financial
"Acquired as compensation -- Restricted Stock Awards"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Rule 144 regulatory
"Securities To Be Sold | Class A Common"
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.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does EXTR's Form 144 filing mean?

It notifies the SEC of a proposed resale of 50,000 Class A Common shares. The filing lists broker-dealer Goldman Sachs & Co. LLC and the filing date 05/04/2026, but it does not confirm that the shares have been sold.

How many shares is EXTR proposing to sell under Rule 144?

The Form 144 lists a proposed sale of 50,000 shares of Class A Common stock. That total derives from two restricted stock awards of 13,354 and 36,646 shares, respectively.

Were the shares issued as compensation for EXTR?

Yes. The filing marks both lots as "Acquired as compensation -- Restricted Stock Awards" with grant dates 11/12/2025 and 11/04/2021, indicating compensation-origin shares are the source of the resale.

Does filing Form 144 mean the sale is complete for EXTR?

No. Form 144 is a notice of intent to sell under Rule 144; it does not consummate a sale. Execution details, proceeds, and actual sale dates will appear in subsequent trade confirmations or filings if the sale occurs.