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Affiliate resale notice, GTLB (NASDAQ: GTLB) — 54,300 shares sold under 10b5-1

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Affiliated holder filed a Form 144 proposing the sale of 348,600 Founders Shares. The filing also discloses a Rule 10b5-1 sale of 54,300 common shares by the Sy tse Sijbrandij Revocable Trust on 02/17/2026 for $1,542,304.62. Shares outstanding are listed as 153,400,000 as of 04/15/2026.

Positive

  • None.

Negative

  • None.

Insights

Routine affiliate resale notice with an executed 10b5-1 sale reported.

The filing lists a proposed sale of 348,600 Founders Shares and records a prior 10b5-1 sale of 54,300 shares on 02/17/2026 for $1,542,304.62. This is a standard Form 144 disclosure by an affiliate rather than an issuer-initiated transaction.

Regulatory attention centers on plan-based executions; the presence of a 10b5-1 instruction suggests pre-arranged sales. Timing and further sale amounts depend on the holder's plan and market activity, not on company action.

Proposed sale 348,600 shares Founders Shares (proposed in Form 144)
10b5-1 sale executed 54,300 shares <date>02/17/2026</date>
Proceeds reported <money>$1,542,304.62</money> Proceeds from 10b5-1 sale on <date>02/17/2026</date>
Shares outstanding 153,400,000 shares as of <date>04/15/2026</date>
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
10b5-1 regulatory
"10b5-1 Sales for SYTSE SIJBRANDIJ REVOCABLE TRUST"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Founders Shares market
"Common | 08/28/2015 | Founders Shares"
Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.

144: Filer Information

144: Issuer Information

144: 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: 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: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does GTLB's Form 144 disclose about proposed share sales?

It discloses a proposed sale of 348,600 Founders Shares by an affiliate. The filing also records a separate 10b5-1 sale of 54,300 shares completed on 02/17/2026 for $1,542,304.62.

Who sold shares under the 10b5-1 plan disclosed in GTLB's Form 144?

The Sy tse Sijbrandij Revocable Trust executed the 10b5-1 sale of 54,300 common shares on 02/17/2026. The filing lists the trust's address and the sale proceeds of $1,542,304.62.

How many GTLB shares are outstanding per the filing?

Shares outstanding are listed as 153,400,000 as of 04/15/2026. This figure appears on the securities line in the filing and provides a baseline ownership context.

Does the Form 144 indicate company involvement in the sales for GTLB?

No; the filing shows affiliate resale activity and a 10b5-1 plan sale by a trust. The document lists the sales as holder-driven rather than issuer-directed transactions.