Affiliate sale notice: INDI (NASDAQ: INDI) files to sell 100,000 shares

Rhea-AI Filing Summary

INDI files a Form 144 to sell 100,000 shares of Common Stock. The filing lists these as Founders Shares dated 05/01/2009. The excerpt also shows prior reported sales by Donald Kenneth McClymont of 90,644 shares on 03/02/2026 and 82,957 shares on 01/05/2026 with proceeds shown as $322,846.73 and $304,219.91, respectively.

Insights

Securities Attorney

Form 144 notifies the market of an affiliate's planned resale of 100,000 shares.

Form 144 is a regulatory notice that an affiliate intends to sell restricted or control stock; the excerpt identifies 100,000 Founders Shares dated 05/01/2009. Filing size and dated shares are factual disclosures required prior to resale under securities rules.

Cash‑flow treatment is not specified in the excerpt. Subsequent broker reports or amended filings would show execution details and actual proceeds.

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

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	100000	293000.00	207145558	03/25/2026	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	05/01/2009	Founders Shares	Issuer			100000	05/01/2009	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
DONALD KENNETH MCCLYMONT 32 JOURNEY Aliso Viejo CA 92656	Common	03/02/2026	90644	322846.73
DONALD KENNETH MCCLYMONT 32 JOURNEY Aliso Viejo CA 92656	Common	01/05/2026	82957	304219.91

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's Form 144 filing mean?

It notifies the SEC and market of an affiliate's intent to sell restricted shares. The filing lists 100,000 Founders Shares dated 05/01/2009, which is a pre-sale disclosure rather than evidence of completed trades.

Who is the reported seller in the INDI excerpt?

The excerpt identifies Donald Kenneth McClymont as a reporting party for recent transactions. It shows sales of 90,644 shares on 03/02/2026 and 82,957 shares on 01/05/2026, with corresponding proceeds.

How many shares does INDI propose to sell under this Form 144?

The filing shows a proposed resale of 100,000 Common Founders Shares dated 05/01/2009. This figure is presented on the securities line in the provided excerpt as the shares to be sold.

Are the proceeds or execution details included in the Form 144?

The excerpt lists proceeds for past sales but not for the proposed 100,000 share resale. Prior sales show proceeds of $322,846.73 and $304,219.91, while proceeds for the proposed sale are not shown here.

Does this Form 144 change INDI's outstanding share count?

No change to outstanding shares is stated in the excerpt. The filing is a resale notice and does not itself alter the company’s outstanding share count in the provided text.