Insider at Company FORM (NASDAQ: FORM) plans $2.10M stock sale

Rhea-AI Filing Summary

Company FORM reports that insider Mike Slessor plans to sell up to 16,002 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate market value of $2,095,492.30, targeted for August 14, 2026 on NASDAQ. The shares derive from performance shares acquired from the issuer on July 19, 2022. The filing also lists prior sales of 4,735 and 11,890 common shares on July 15, 2026 and June 10, 2026, respectively. Outstanding common shares are disclosed as 78,120,725, a baseline figure, not the amount being sold.

Key Figures

Shares to be sold: 16,002 shares Aggregate market value of planned sale: $2,095,492.30 Shares outstanding: 78,120,725 shares +4 more

7 metrics

Shares to be sold 16,002 shares Planned common stock sale under Rule 144

Aggregate market value of planned sale $2,095,492.30 Value of 16,002 shares to be sold

Shares outstanding 78,120,725 shares Outstanding common shares as disclosed

Sale on July 15, 2026 4,735 shares for $560,197.38 Common shares sold during past 3 months

Sale on June 10, 2026 11,890 shares for $1,442,913.33 Common shares sold during past 3 months

Acquisition date of performance shares 07/19/2022 Date performance shares were acquired from issuer

Intended sale date 08/14/2026 Target date for planned Rule 144 sale

Key Terms

Performance Shares, aggregate market value, Executive Financial Services

3 terms

Performance Shares financial

"Common | 07/19/2022 | Performance Shares | ISSUER"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

aggregate market value financial

"16002 | 2095492.30 | 78120725 | 08/14/2026"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

Executive Financial Services financial

"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

FAQ

What stock sale by FORM is disclosed in this Form 144 filing?

The filing reports a planned sale of up to 16,002 shares of FORM common stock with an aggregate market value of $2,095,492.30. The sale is expected to occur on August 14, 2026 through a brokerage firm on NASDAQ.

Who is the insider involved in the planned FORM share sale?

The planned share sale involves insider Mike Slessor, associated with FORM. The filing lists his address in Livermore, California and details his planned and recent sales of FORM common stock under Rule 144 procedures.

What is the origin of the 16,002 FORM shares to be sold?

The 16,002 shares to be sold are designated as Performance Shares acquired from the issuer on July 19, 2022. They are reported as common stock to be sold under Rule 144, with the issuer identified by symbol FORM.

What prior FORM share sales in the last 3 months are disclosed?

The filing lists two prior sales of FORM common stock: 4,735 shares on July 15, 2026 for $560,197.38, and 11,890 shares on June 10, 2026 for $1,442,913.33. These transactions occurred during the three months preceding the planned sale.

How many FORM shares are outstanding according to this filing?

Outstanding FORM common shares are disclosed as 78,120,725. This figure provides context for the company’s total equity base and is separate from the 16,002 shares that the insider plans to sell under this Form 144 notice.

Which broker is handling the planned FORM share sale?

The planned sale of FORM common shares is to be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, as the designated broker for the transaction.

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Available on EDGAR 08/14/2026 - 04:40 PM Accepted by SEC EDGAR 08/14/2026 - 04:35 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	16002	2095492.30	78120725	08/14/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/19/2022	Performance Shares	ISSUER			16002	07/19/2022	Not Applicable

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
MIKE SLESSOR 7005 Southfront Road Livermore CA 94551	Common	07/15/2026	4735	560197.38
MIKE SLESSOR 7005 Southfront Road Livermore CA 94551	Common	06/10/2026	11890	1442913.33

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)