HALO Form 144 Filed for 22,227-Share Sale on NASDAQ ($1.69M)

Rhea-AI Filing Summary

Form 144 notice filed for proposed sale of securities on NASDAQ totaling 22,227 shares with an aggregate market value of $1,690,807.89. The filing shows these shares represent part of the issuer's 116,966,000 outstanding shares and lists the approximate sale date as 09/10/2025.

The securities to be sold were acquired in two transactions: 12,406 shares from an option exercise on 09/10/2025 (paid in cash) and 9,821 shares as restricted stock units on 02/10/2023. The filer reports no sales of the issuer's securities in the past three months. Several standard filer and issuer identification fields in the notice are blank or not provided in the text.

Positive

• Discloses exact sale amount and value: 22,227 shares worth $1,690,807.89, improving transparency
• Shows acquisition details: differentiates option exercise (12,406 shares) paid in cash and RSUs (9,821 shares) from 2023
• Identifies broker and exchange: Morgan Stanley Smith Barney LLC on NASDAQ, which facilitates trade execution clarity
• States no sales in prior three months: indicates no recent aggregated sales that would affect reporting

Negative

• Issuer name and filer identifiers missing: the provided text does not include the issuer's name or filer CIK, limiting traceability
• Contact/submission details incomplete: submission contact fields in the text are blank, reducing immediate verification
• Limited context on insider relationship: relationship to issuer field is not provided in the content supplied

Insights

Securities Analyst

TL;DR: Routine Rule 144 notice documenting a planned sale of 22,227 shares following option exercise and prior RSU grants.

The filing is a standard Rule 144 notification showing an insider or person included in Rule 144 intends to sell 22,227 shares valued at $1,690,807.89 on or about 09/10/2025 on NASDAQ. The registry of acquisition dates distinguishes recently exercised options (12,406 shares, cash paid same day) from earlier RSU vesting (9,821 shares in 2023), which can affect holding-period considerations under Rule 144. The filing states no sales in the prior three months, consistent with compliance timing. Missing issuer/filer identifiers in the provided text reduce transparency for market participants seeking to match this notice to public records.

Corporate Governance Expert

TL;DR: Filing demonstrates procedural compliance but omits key identification fields needed for full traceability.

The document fulfills the procedural disclosure of a proposed sale under Rule 144 by specifying class, amounts, acquisition details, and intended broker (Morgan Stanley Smith Barney LLC). This supports market transparency about insider liquidity events. However, essential identifiers such as the issuer name and filer CIK appear absent from the provided content, which impedes immediate verification against public SEC records. From a governance perspective, the explicit representation regarding lack of undisclosed material information and the absence of prior three-month sales are relevant compliance statements included in the notice.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	22227	1690807.89	116966000	09/10/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/10/2025	Exercise of Stock Options	Issuer			12406	09/10/2025	Cash
Common	02/10/2023	Restricted Stock Units	Issuer			9821	02/10/2023	N/A

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for HALO report?

The filing reports a proposed sale of 22,227 common shares valued at $1,690,807.89, with an approximate sale date of 09/10/2025 on NASDAQ.

How were the shares to be sold acquired according to the filing?

The filing shows 12,406 shares acquired by exercise of stock options on 09/10/2025 (paid in cash) and 9,821 shares from restricted stock units on 02/10/2023.

Does the filing report any securities sold in the past three months?

No. The Form 144 indicates Nothing to Report for securities sold during the past three months.

Which broker is listed to execute the planned sale?

The notice lists Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, New York, NY as the broker.

Are there any compliance or disclosure statements included in the notice?

Yes. The filer represents they do not know any undisclosed material adverse information and includes the standard signature and criminal liability warning statements.