FORM (NASDAQ: FORM) insider plans Rule 144 sale of 2,200 shares
Rhea-AI Filing Summary
An insider of FORM, identified as Kelley Lynne Steven-Waiss, has filed a notice of intention to sell up to 2,200 shares of common stock through Morgan Stanley Smith Barney on or about 02/10/2026 on the NASDAQ, with an aggregate market value of $206,138.90. These shares were acquired as restricted stock from the issuer on 05/19/2024. Over the prior three months, the same seller disposed of 2,700 common shares for gross proceeds of $151,105.50. The filing also notes that total common shares outstanding are 77,517,097.
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FAQ
What does this Rule 144 filing for FORM disclose?
The filing discloses that Kelley Lynne Steven-Waiss plans to sell up to 2,200 FORM common shares under Rule 144. The sale is to be executed via Morgan Stanley Smith Barney on NASDAQ, providing transparency around this planned insider share sale.
How many FORM shares are planned to be sold and what is their value?
The notice covers up to 2,200 common shares of FORM with an aggregate market value of $206,138.90. This reflects the planned amount for potential sale under Rule 144, as stated in the filing’s securities information table.
When were the FORM shares being sold under Rule 144 originally acquired?
The FORM shares were acquired as restricted stock from the issuer on 05/19/2024. Four grants totaling 2,200 shares were received on that date, and all are listed as “Not Applicable” for non-cash payment terms in the acquisition details.
When is the planned sale date and where will the FORM shares trade?
The planned sale date listed is approximately 02/10/2026, with trading on the NASDAQ exchange. Morgan Stanley Smith Barney is named as the broker, indicating that any sales will occur in the open market through that firm.
Has this FORM insider sold any shares in the last three months?
Yes. Over the past three months, Kelley Lynne Steven-Waiss sold 2,700 common shares of FORM on 12/02/2025, generating $151,105.50 in gross proceeds. This historical activity is reported alongside the new planned sale.
How many FORM shares are outstanding compared to the planned Rule 144 sale?
The filing states that 77,517,097 common shares of FORM are outstanding. The planned sale of 2,200 shares is presented relative to this baseline outstanding share count in the securities information section.