Genius Sports officer may sell 50K shares
Genius Sports Ltd (GENI) is the subject of a Form 144 filed for the potential sale of up to 50,000 shares of common stock for the account of officer Russell Thomas through Fidelity Brokerage Services LLC.
Rhea-AI Filing Summary
Genius Sports Ltd (GENI) is the subject of a Form 144 filed for the potential sale of up to 50,000 shares of common stock for the account of officer Russell Thomas through Fidelity Brokerage Services LLC. The shares were acquired via restricted stock vesting on January 3, 2024 and January 2, 2025 and may be sold on the NYSE.
Positive
- None.
Negative
- None.
Key Figures
Shares potentially to be sold: 50,000 shares
Aggregate market value: $325,564.26
Restricted stock vesting 2024: 23,253 shares
+2 more
5 metrics
Shares potentially to be sold
50,000 shares
Common stock of Genius Sports Ltd covered by the Form 144 notice
Aggregate market value
$325,564.26
Value listed for the 50,000 shares of common stock
Restricted stock vesting 2024
23,253 shares
Restricted stock vesting from issuer on January 3, 2024 categorized as compensation
Restricted stock vesting 2025
26,747 shares
Restricted stock vesting from issuer on January 2, 2025 categorized as compensation
Form 144 date
September 17, 2026
Date shown in the remarks and signature section of the notice
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 01/03/2024 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Thomas Russell"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing for GENI disclose?
The filing discloses that officer Russell Thomas may sell up to 50,000 shares of Genius Sports Ltd common stock through Fidelity Brokerage Services LLC, with the shares originating from restricted stock vesting awards in January 2024 and January 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.