GME (GME) insider files Rule 144 to sell 5,477 common shares
Rhea-AI Filing Summary
An affiliate of the issuer filed a Rule 144 notice to sell 5,477 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE. The filing shows 448,009,480 shares outstanding of this class of stock. The shares relate to restricted stock units that vested on 01/02/2026 under an issuer employee stock plan, with the sale described as covering withholding taxes and not a discretionary trade by the reporting person. The underlying award involved 12,937 shares, acquired and paid for on 01/02/2026 as an employee stock award. Over the prior three months, the same holder sold 6,509 shares of common stock on 10/02/2025 for gross proceeds of $179,534.53.
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FAQ
What does this Form 144 filing for GME disclose?
The Form 144 discloses a planned sale of 5,477 shares of common stock on the NYSE through Morgan Stanley Smith Barney LLC, under Rule 144.
How many GME shares are being registered for sale under this Form 144?
The notice covers up to 5,477 shares of common stock to be sold, with an indicated aggregate market value of $109,978.16.
What is the source and nature of the GME shares being sold?
The shares come from restricted stock units that vested on 01/02/2026 under an issuer S-8 registered plan, described as an employee stock award.
Is this GME insider sale described as discretionary trading?
No. The filing states that the sale represents shares sold to cover withholding taxes upon vesting and does not represent a discretionary trade by the reporting person.
What prior GME stock sales by this person are disclosed in the last 3 months?
The notice reports a prior sale on 10/02/2025 of 6,509 shares of common stock, with $179,534.53 in gross proceeds.
How many GME shares of this class are outstanding according to the notice?
The filing states that 448,009,480 shares of this class of common stock were outstanding at the time referenced.