HAS (NASDAQ: HAS) holder plans Rule 144 sale of 12,429 shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
A holder of the issuer’s common stock has filed a notice of proposed sale of 12,429 shares under Rule 144. The shares are to be sold through Morgan Stanley Smith Barney LLC on the NASDAQ market, with an aggregate market value of $1,285,867.05.
The securities were acquired on May 17, 2024 through restricted stock vesting under a registered plan, directly from the issuer. The filing notes that there are 140,337,023 common shares outstanding, giving context for the size of this planned sale.
Positive
- None.
Negative
- None.
FAQ
What does the Form 144 representation about adverse information mean for HAS?
The person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, a standard Rule 144 representation included in the notice.