FSTR Form 144: Affiliate Reports 1,700 Shares Sold
FSTR affiliate submitted Form 144 reporting proposed and recent sales of common stock.
Rhea-AI Filing Summary
FSTR affiliate submitted Form 144 reporting proposed and recent sales of common stock. The filing lists proposed securities to be sold including 2600 shares described as acquired as compensation (Restricted Stock Units) with an entry dated 02/20/2025. The filing also lists three completed sales by Brian H. Kelly: 100 shares on 03/05/2026, 200 shares on 03/06/2026, and 1,400 shares on 03/10/2026, with reported proceeds of 3081, 5770.68, and 40552.4 respectively.
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Insights
Form 144 documents proposed and completed affiliate sales of common stock by Brian H. Kelly.
What happened: The filing lists a proposed sale of 2600 shares tied to RSUs acquired 02/20/2025 and three reported dispositions by Brian H. Kelly on 03/05/2026, 03/06/2026, and 03/10/2026 with dollar amounts recorded.
Implications: This is an affiliate filing required for certain brokered sales; cash‑flow treatment and whether these sales were part of a trading plan are not stated in the excerpt.
Sales reported are small in scale relative to typical company floats and appear routine.
Details: The three transactions total 1,700 shares sold across three dates with reported proceeds of 3081, 5770.68, and 40552.4. The filing also identifies 2600 RSU shares described as compensation.
Context: The excerpt does not state post‑transaction holdings, Rule 10b5‑1 plans, or whether proceeds go to the issuer or selling holder; subsequent filings would be needed for that detail.
FAQ
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What does the Form 144 for FSTR report?
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What proceeds are recorded for the sales in the Form 144?
Does the Form 144 state whether these sales were under a trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.