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GTX (NASDAQ) Rule 144 notice: 70,000 shares, $2.33M listed

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

Rhea-AI Filing Summary

GTX filed a Rule 144 notice to sell 70,000 shares of Common Stock with an aggregate amount listed as $2,328,200.00. The filing shows 187,188,503 shares outstanding as of 05/29/2026. The excerpt also lists prior equity awards (RSUs and PSUs) dated 03/05/2025, 04/30/2025 and 02/17/2026 with quantities 7,592, 9,036, and 53,372 respectively.

Positive

  • None.

Negative

  • None.

Insights

Rule 144 notice lists a proposed resale of 70,000 common shares.

The filing records a Rule 144 submission indicating proposed sale activity for 70,000 shares and an aggregate dollar amount of $2,328,200.00. The notice includes an "as of" outstanding share count of 187,188,503 as of 05/29/2026, which provides a baseline for scale.

Timing and ultimate execution are not described in the excerpt; any final sale remains subject to applicable Rule 144 conditions and market transactions by the broker.

Submitted sale size is modest relative to outstanding shares.

The proposed sale of 70,000 shares represents a small fraction of the stated outstanding share count of 187,188,503. The filing also enumerates RSU and PSU award amounts (totaling 70,000 when combined with award rows shown), which may reflect prior compensation grants recorded in the excerpt.

Cash‑flow treatment and whether the issuer or selling holder receives proceeds are not specified in the provided excerpt.

Proposed shares to be sold 70,000 shares listed in Rule 144 row
Aggregate amount $2,328,200.00 listed alongside 70,000 shares in filing
Shares outstanding 187,188,503 shares as of 05/29/2026
RSU award (03/05/2025) 7,592 shares RSU dated 03/05/2025
RSU award (04/30/2025) 9,036 shares RSU dated 04/30/2025
PSU award (02/17/2026) 53,372 shares PSU dated 02/17/2026
Rule 144 regulatory
"filed a Rule 144 notice to sell 70,000 common shares"
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.
RSU financial
"RSU | Issuer | 7,592 | 03/05/2025"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
PSU financial
"PSU | Issuer | 53,372 | 02/17/2026"
A PSU is a company where the government owns a controlling stake and often plays a direct role in its management and strategy. Think of it like a business that operates with public oversight, similar to a town-run utility versus a private neighborhood service. Investors watch PSUs differently because government involvement can affect profits, dividend policies, regulatory treatment and stability, so these stocks may behave more like policy instruments than pure market-driven enterprises.

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 GTX's Rule 144 filing mean?

It notifies the market of a proposed resale under Rule 144 for 70,000 shares. The filing is a regulatory notice and does not itself execute a sale; subsequent transactions would be reported separately if completed.

How large is the proposed sale compared with GTX's outstanding shares?

The filing lists 187,188,503 shares outstanding as of 05/29/2026, so 70,000 shares is a small fraction of the outstanding base. The document provides the outstanding count as a scale reference.

What aggregate value is shown for the securities in the filing?

The excerpt lists an aggregate amount of $2,328,200.00 associated with the reported securities. The filing pairs this dollar figure with the 70,000 share quantity in the same row.

Are any equity awards detailed in the filing excerpt?

Yes. The excerpt shows prior awards: RSUs of 7,592 (03/05/2025) and 9,036 (04/30/2025), and PSUs of 53,372 (02/17/2026). These lines list award types and award dates as presented.

Does the Rule 144 filing state who receives proceeds from any sale?

The provided excerpt does not state the cash‑flow recipient. The filing lists broker and quantity details but does not specify whether proceeds go to the issuer or selling holder in the visible lines.