Insider plans Rule 144 sale at issuer (NASDAQ: FORM)

Rhea-AI Filing Summary

An insider has filed a notice of proposed sale of 5,500 shares of common stock under Rule 144. The shares are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services, with an indicated aggregate market value of $500,225.00 and are listed on NASDAQ.

The filing states that 77,517,097 shares of the issuer’s common stock are outstanding. The 5,500 shares to be sold were acquired on 05/19/2024 as restricted stock from the issuer, with payment noted as “Not Applicable.”

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

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	5500	500225.00	77517097	02/09/2026	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	05/19/2024	Restricted Stock	Issuer			5500	05/19/2024	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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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)

FAQ

What does the Form 144 filing for FORM disclose?

The filing discloses a proposed sale of 5,500 shares of common stock under Rule 144, with an aggregate market value of $500,225.00. These shares are part of an issuer with 77,517,097 shares outstanding and are listed on NASDAQ.

How many FORM shares are planned to be sold and through which broker?

The notice covers a planned sale of 5,500 common shares. The transaction is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, using NASDAQ as the named securities exchange.

What is the aggregate market value of the FORM shares to be sold?

The planned sale under Rule 144 has an indicated aggregate market value of $500,225.00 for the 5,500 common shares. This figure reflects the market value at the time referenced in the filing and helps quantify the size of the proposed transaction.

When and how were the FORM shares being sold under Rule 144 acquired?

The 5,500 common shares to be sold were acquired on 05/19/2024 as restricted stock directly from the issuer. The filing lists the nature of payment as “Not Applicable,” indicating no separate cash purchase terms described in this notice.

What is the scheduled date and exchange for the FORM share sale?

The filing lists an approximate date of sale of 02/09/2026 for the 5,500 common shares. The shares are to be sold on the NASDAQ exchange, with Morgan Stanley Smith Barney LLC Executive Financial Services acting as the broker for the transaction.

How many FORM shares are outstanding compared with the amount being sold?

The issuer has 77,517,097 common shares outstanding, according to the filing. The planned Rule 144 sale covers 5,500 shares, providing context for the size of the proposed sale relative to the issuer’s total share count.