INDI: 56,250 RSUs proposed for sale (Morgan Stanley Smith Barney LLC)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC Executive Financial Services submitted a Form 144 disclosing the proposed sale of 56,250 Restricted Stock Units of common stock for INDI, dated 03/01/2026. The filing also lists a prior 10b5-1 sale of 10,097 common shares on 01/05/2026 for $37,038.65.

Insights

Securities Compliance Counsel

Form 144 notifies potential resale of 56,250 RSUs and records a prior 10b5-1 sale.

The filing lists 56,250 Restricted Stock Units proposed for sale on 03/01/2026. It separately records a prior 10,097-share 10b5-1 sale on 01/05/2026 that generated $37,038.65.

These disclosures are administrative in nature; cash‑flow treatment and purchaser identities are not provided in the excerpt. Subsequent filings or trade confirmations would show settlement details and whether the RSUs convert to shares prior to resale.

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	56250	205875.00	207145558	03/02/2026	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	03/01/2026	Restricted Stock Units	Issuer			56250	03/01/2026	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for MICHAEL WITTMANN 32 JOURNEY Aliso Viejo CA 92656	Common	01/05/2026	10097	37038.65

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 INDI Form 144 disclose about the 03/01/2026 transaction?

The filing discloses a proposed sale of 56,250 Restricted Stock Units for INDI dated 03/01/2026. It lists the RSU class and the proposed sale date but does not state settlement or purchaser details in the excerpt.

Was there any recent insider selling for INDI before March 2026?

Yes; the filing reports a 10b5-1 sale of 10,097 common shares on 01/05/2026. The reported proceeds from that sale were $37,038.65 as shown in the excerpt.

Who filed the Form 144 for INDI and what role is listed?

The filer is listed as Morgan Stanley Smith Barney LLC Executive Financial Services, with an address at 1 New York Plaza, 8th Floor, New York, NY. The excerpt identifies the broker-dealer as the filing party.

Does the Form 144 excerpt state how the RSUs will be sold?

The excerpt identifies the securities as Restricted Stock Units and the proposed sale date 03/01/2026. It does not specify methods of sale, pricing, or whether RSUs will be converted to shares before sale.

How much cash did the January 2026 10b5-1 sale generate for INDI-related shares?

The reported 10b5-1 sale on 01/05/2026 of 10,097 shares produced proceeds of $37,038.65 according to the filing excerpt.