IMRA Form 144 Notice — 5,250 Common Shares Planned Sale
Rhea-AI Filing Summary
Form 144 notice for proposed sale of securities. The filing reports an intended sale of 5,250 common shares through Jefferies LLC on 08/27/2025, with an aggregate market value of $106,680.00. The securities were acquired on 08/09/2022 via stock options from Enliven Therapeutics. The filer reports 59,000,000 shares outstanding. The filing also discloses four prior sales by Benjamin Hohl totaling 10,500 shares on dates in June and July 2025 with the recorded gross proceeds for each sale.
Positive
- Complete Rule 144 disclosure including broker, class, amount, acquisition date, and acquisition method
- Recent sales disclosed with dates and gross proceeds, improving transparency
Negative
- Insider executed multiple sales totaling 10,500 shares in the past three months (June–July 2025)
Insights
TL;DR: Routine Rule 144 disclosure of an officer/affiliate sale; provides required transaction and acquisition detail.
The filing supplies the standard elements required by Rule 144: identity of broker (Jefferies LLC), class, amount to be sold (5,250 shares), acquisition method (stock options on 08/09/2022), and recent sales activity by the same person (10,500 shares sold across June–July 2025). It also states the number of shares outstanding (59,000,000) and the proposed sale date (08/27/2025), which are material for resale volume calculations under Rule 144. The submission includes the signer’s representation regarding material nonpublic information.
TL;DR: Disclosure is complete for a Section 144 notice; recent sales are documented but no adverse events disclosed.
The notice documents recent insider sales by an identified individual and the planned transaction through a named broker. It contains acquisition details (stock options) and demonstrates compliance with Rule 144 timing and disclosure requirements. The filing does not include any commentary on motives, internal trading plans, or additional governance actions. No material adverse information is asserted in the remarks.