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GIFT insider sells 3,000 shares YTD; 1,000-share sale planned

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144/A

Rhea-AI Filing Summary

Form 144/A notice by an insider of Giftify, Inc. (GIFT) reports proposed and recent sales of common stock. The filer plans to sell 1,000 shares via Merrill Lynch on 10/06/2025 with an aggregate market value of 1050 and total shares outstanding listed as 30,542,165. The securities were acquired as a stock bonus on 12/10/2023 totaling 25,000 shares. The filing also discloses three recent sales by Timothy W. Miller across 07/07/2025, 08/06/2025, and 09/08/2025 totaling 3,000 shares with gross proceeds shown as 1254, 959.5, and 997.5 respectively. The signer certifies no undisclosed material adverse information and references Rule 10b5-1 language.

Positive

  • Securities were acquired as a stock bonus on 12/10/2023, showing a documented, non‑purchase origin
  • Filer certifies no undisclosed material adverse information and references Rule 10b5-1
  • Planned sale is modest: 1,000 shares relative to 30,542,165 outstanding

Negative

  • Insider has sold 3,000 shares in the past three months, which may be interpreted as ongoing disposition
  • Aggregate market value for the planned sale is low (1050), suggesting small-dollar transactions that may reflect limited liquidity impact but could signal personal liquidity needs

Insights

Routine Form 144/A signals controlled insider selling from a prior stock bonus.

The filing documents a planned sale of 1,000 shares on 10/06/2025

The securities were received as a stock bonus on 12/10/2023

Recent prior sales by the same seller total 3,000 shares across three dates in 2025, with modest gross proceeds reported. This pattern is consistent with periodic disposition of granted shares rather than a single block sale.

Compliance risks revolve around trading-plan status and public disclosure of material information; the filer affirms no undisclosed material adverse information and references Rule 10b5-1. Investors should note the outstanding share count of 30,542,165 when assessing potential dilution from insider sales in the near term.

144/A: Filer Information

144/A: Issuer Information

144/A: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

144/A: Remarks and Signature

FAQ

What does the Form 144/A for GIFT mean?

It notifies the SEC of a proposed insider sale of 1,000 Giftify common shares planned for 10/06/2025 and discloses recent insider sales totaling 3,000 shares in 2025.

Who is selling Giftify (GIFT) shares in this filing?

The seller named is Timothy W. Miller, who previously sold shares on 07/07/2025, 08/06/2025, and 09/08/2025.

How many Giftify shares are outstanding per the filing?

The filing lists 30,542,165 shares outstanding.

How were the shares being sold originally acquired?

The shares were acquired as a stock bonus from Giftify Inc. on 12/10/2023, totaling 25,000 shares received.

Through which broker will the planned sale occur?

The planned sale of 1,000 shares is via Merrill Lynch at the address listed in the filing.
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