Form 144: 240,000 Founders shares listed for resale
Filer submitted a Form 144 reporting intended sales of restricted common stock.
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Rhea-AI Filing Summary
Filer submitted a Form 144 reporting intended sales of restricted common stock. The filing lists 240,000 shares of Founders common stock and an aggregate dollar amount of $19,075,200.00. The excerpt shows multiple 10b5-1 sales by Frederic Simon totaling several recent transactions in 2026.
Insights
Form 144 notifies the market of proposed resale of restricted shares under Rule 144.
Form 144 is a notice that a holder intends to effect sales of restricted or control securities. The filing lists 240,000 Founders shares and an aggregate dollar figure $19,075,200.00, which are the registration/amount fields shown.
Sales listed in the excerpt were executed under 10b5-1 plans on specific dates in 2026; timing and method of any remaining sales depend on market transactions and plan terms.
Multiple small-to-mid sized 10b5-1 dispositions were executed by the reporting person in early 2026.
The excerpt lists discrete 10b5-1 sales by Frederic Simon on dates including 03/02/2026, 03/03/2026, 03/25/2026, 03/26/2026, 04/01/2026, 04/02/2026, and 05/14/2026 with per-trade proceeds shown.
Cash-flow treatment and whether remaining Registered shares will be sold are not stated in the excerpt; subsequent filings may report further transactions.
Key Figures
Key Terms
10b5-1 regulatory
Form 144 regulatory
FAQ
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What does the Form 144 for FROG report?
Who executed the recent 10b5-1 sales shown in the filing?
Do the entries show sale dates and proceeds for the transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.