Intellicheck (IDN) CEO-related trust sells 10,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intellicheck, Inc. reported an insider-related sale of common stock by a family trust associated with its CEO and President, Lewis Bryan. On this Form 4, The Lewis Family Revocable Living Trust sold 10,000 shares of Intellicheck common stock at a weighted average price of $8.5145 per share in an open-market transaction.
The filing states that the sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted by the trust, with a selling window running from April 6, 2026 to July 31, 2026. After this transaction, the trust continues to hold 50,000 Intellicheck shares indirectly attributed to Mr. Lewis, who disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares ($85,145)
Net Sell
1 txn
Insider
Lewis Bryan
Role
CEO/President
Sold
10,000 shs ($85K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $.001 par value | 10,000 | $8.5145 | $85K |
Holdings After Transaction:
Common Stock, $.001 par value — 50,000 shares (Indirect, The Lewis Family Revocable Living Trust)
Footnotes (1)
- These shares are owned by The Lewis Family Revocable Living Trust. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by The Lewis Family Revocable Living Trust (adopted 12/17/2025, with a Selling Start Date of 04/06/2026 and Plan End Date of 07/31/2026). Mr. Lewis disclaims beneficial ownership of these shares other than to the extent of his pecuniary interest therein, if any. The price reported represents a weighted average sale price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC upon request full information regarding the number of shares sold at each separate price within the range of $8.39 to $8.63.
Key Figures
Shares sold: 10,000 shares
Weighted average sale price: $8.5145 per share
Price range for sales: $8.39–$8.63 per share
+1 more
4 metrics
Shares sold
10,000 shares
Open-market sale by The Lewis Family Revocable Living Trust
Weighted average sale price
$8.5145 per share
Common Stock, $.001 par value
Price range for sales
$8.39–$8.63 per share
Range of individual trade prices reported
Shares held after transaction
50,000 shares
Indirect holdings by The Lewis Family Revocable Living Trust
Key Terms
Rule 10b5-1 trading plan, Revocable Living Trust, weighted average sale price, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by The Lewis Family Revocable Living Trust"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Revocable Living Trust financial
"These shares are owned by The Lewis Family Revocable Living Trust"
weighted average sale price financial
"The price reported represents a weighted average sale price"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Intellicheck (IDN) disclose in this Form 4?
Intellicheck disclosed that The Lewis Family Revocable Living Trust sold 10,000 shares of Intellicheck common stock. The sale was an open-market transaction executed at a weighted average price of $8.5145 per share under a pre-arranged Rule 10b5-1 trading plan.
Was the Intellicheck (IDN) insider sale made under a Rule 10b5-1 plan?
Yes. The sale was carried out under a Rule 10b5-1 trading plan adopted by The Lewis Family Revocable Living Trust. The plan was adopted on December 17, 2025, with a selling period running from April 6, 2026 through July 31, 2026, as disclosed.
What does the weighted average sale price mean in the Intellicheck (IDN) Form 4?
The weighted average sale price of $8.5145 per share reflects multiple individual trades within a price range of $8.39 to $8.63. The reporting person offers to provide the exact number of shares sold at each separate price within that range upon request.