FIG Form 144: Praveer Melwani plans sale of 13,000 shares
Praveer Melwani filed a Form 144 notice to sell 13,000 shares of common stock.
Rhea-AI Filing Summary
Praveer Melwani filed a Form 144 notice to sell 13,000 shares of common stock. The planned sale has an aggregate market value of $575,250 and lists Morgan Stanley Smith Barney LLC Executive Financial Services as broker, with the NYSE named as the exchange. The approximate sale date is 11/10/2025.
The shares were acquired on 03/08/2024 through previously exercised options for cash. In the past three months, Melwani sold 16,092 shares on 11/03/2025 for gross proceeds of $775,172.56. This filing is a notice of a proposed sale under Rule 144.
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Insights
Administrative Form 144 notice for a proposed insider sale.
Praveer Melwani filed to sell 13,000 common shares under Rule 144, with an indicated aggregate market value of $575,250 and an approximate sale date of 11/10/2025. The shares were obtained via previously exercised options for cash on 03/08/2024.
The notice also lists a recent transaction: 16,092 shares sold on 11/03/2025 for gross proceeds of $775,172.56. The broker is Morgan Stanley Smith Barney LLC Executive Financial Services, and the exchange named is the NYSE.
Form 144 is a disclosure step and does not guarantee that the full amount will be sold; actual activity depends on market conditions and the seller’s decisions.
FAQ
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What did FIG disclose in this Form 144 filing?
Which broker and exchange are named for the planned sale?
Were there recent sales by the same person?
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