HUT Form 144 Filed for 6,060 Vested Shares Worth $133,839.34
Rhea-AI Filing Summary
Hut 8 Corp. (HUT) filed a Form 144 reporting a proposed sale of 6,060 common shares through Fidelity Brokerage Services with an approximate aggregate market value of $133,839.34. The filing states the shares were acquired on 08/22/2025 via restricted stock vesting from the issuer and paid as compensation on the same date. The filer indicates the approximate sale date as 08/25/2025 on NASDAQ and reports 105,527,928 shares outstanding. The form shows no securities sold during the past three months and includes the standard attestation regarding no undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR Routine insider sale of recently vested restricted shares; modest size relative to total shares outstanding.
The filing documents a proposed sale of 6,060 common shares valued at $133,839.34, originating from restricted stock that vested on 08/22/2025 and is being sold via Fidelity on or about 08/25/2025. Relative to the reported 105,527,928 shares outstanding, this represents approximately 0.0057% of the float, indicating the transaction is immaterial to overall supply. The absence of any sales in the prior three months suggests this is an isolated disposition tied to compensation vesting rather than ongoing liquidity events.
TL;DR Disclosure aligns with Rule 144 requirements; standard attestation and broker execution noted.
The filer has provided required Rule 144 disclosure, specifying acquisition type (restricted stock vesting), acquisition and payment dates, and broker details (Fidelity Brokerage Services). The statement that there were no sales in the past three months and the included attestation about undisclosed material information are consistent with good governance and compliance practices for insider disposals. There is no indication in the filing of any unusual arrangements or aggregated sales obligations.