Insider for issuer (FORM) files notice to sell 39,606 shares in Rule 144
Rhea-AI Filing Summary
FORM has a Form 144 notice indicating a planned sale of 39,606 common shares, with an aggregate market value of $2,574,390.00. The shares are to be sold through Morgan Stanley Smith Barney LLC on or around 01/06/2026, and the issuer reports 77,517,097 shares outstanding.
The seller acquired the 39,606 shares as performance shares from the issuer on 07/23/2024, with no separate cash payment. Over the prior three months, Mike Slessor sold additional common shares, including 7,669 shares on 12/17/2025 for $432,236.34 and 8,403 shares on 11/19/2025 for $420,670.99, all listed on the NASDAQ.
Positive
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Negative
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FAQ
What does the Form 144 filing for FORM disclose?
The Form 144 filing for FORM discloses a planned sale of 39,606 shares of common stock with an aggregate market value of $2,574,390.00. The shares are to be sold through Morgan Stanley Smith Barney LLC on or about 01/06/2026, with the stock listed on the NASDAQ.
How many FORM shares are planned to be sold under this Form 144?
The notice covers a proposed sale of 39,606 common shares of the issuer, with an indicated aggregate market value of $2,574,390.00. The issuer reports that there are 77,517,097 shares of this class outstanding.
How and when were the 39,606 FORM shares being sold acquired?
The 39,606 shares were acquired on 07/23/2024 as performance shares from the issuer. The filing indicates the nature of payment as “Not Applicable”, reflecting that they were not purchased for cash in a traditional transaction.
What recent insider sales of FORM stock are listed in the past 3 months?
The filing lists sales by Mike Slessor of FORM common stock in the past three months, including 7,669 shares sold on 12/17/2025 for $432,236.34 and 8,403 shares sold on 11/19/2025 for $420,670.99.
Which broker and exchange are involved in the planned FORM share sale?
The planned sale of 39,606 FORM common shares is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, New York, NY. The filing identifies the trading venue as the NASDAQ.
What does the Form 144 representation about material information mean for FORM?
The person on whose account the securities will be sold represents in the notice that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed. This is a standard certification required in connection with a Form 144 filing.