Insider plans 2,000-share sale in GDYN (NASDAQ: GDYN) Form 144
Rhea-AI Filing Summary
Anil Kumar Doradla filed a Form 144 notice to sell GDYN common stock. The planned sale covers 2,000 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $20,000, listed on the NASDAQ. These shares were acquired on 02/20/2024 as performance shares from the issuer.
The notice states that 84,769,058 common shares were outstanding. Over the past three months, Doradla has already sold 4,368 common shares for gross proceeds of $43,680. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about GDYN’s current or prospective operations.
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FAQ
What does the GDYN Form 144 filing disclose?
The Form 144 filing discloses that Anil Kumar Doradla intends to sell 2,000 GDYN common shares with an aggregate market value of $20,000 on the NASDAQ.
How many GDYN shares has the insider recently sold?
Over the past three months, Anil Kumar Doradla sold 4,368 GDYN common shares for gross proceeds of $43,680, in addition to the newly planned 2,000-share sale.
How were the GDYN shares being sold acquired?
The 2,000 GDYN common shares covered by this notice were acquired on 02/20/2024 as performance shares from the issuer, with payment labeled as not applicable.
How many GDYN shares are reported as outstanding in this filing?
The Form 144 reports that 84,769,058 GDYN common shares were outstanding at the time referenced in the notice.
Which broker is handling the planned GDYN share sale?
The planned sale of 2,000 GDYN common shares is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, with the securities listed on the NASDAQ exchange.
What representation does the seller make in the GDYN Form 144?
By signing the notice, the seller represents that they do not know any material adverse information about GDYN’s current or prospective operations that has not been publicly disclosed.