Intellinetics (INLX) affiliate sells 4,304 shares, still holds 730,346
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INTELLINETICS, INC. director and 10% owner Michael N. Taglich reported indirect open-market sales of the company’s common stock by Taglich Brothers, Inc. The entity sold 3,754 shares at $6.58 per share on June 16 and 550 shares at $6.50 per share on June 17. After these transactions, Taglich Brothers, Inc. held 730,346 Intellinetics common shares indirectly associated with Taglich.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,304 shares ($28,276)
Net Sell
2 txns
Insider
TAGLICH MICHAEL N
Role
null
Sold
4,304 shs ($28K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 550 | $6.50 | $4K |
| Sale | Common Stock | 3,754 | $6.58 | $25K |
Holdings After Transaction:
Common Stock — 730,346 shares (Indirect, see footnote)
Footnotes (1)
- [object Object]
Key Figures
Total shares sold: 4,304 shares
Sale on June 16, 2026: 3,754 shares at $6.58/share
Sale on June 17, 2026: 550 shares at $6.50/share
+2 more
5 metrics
Total shares sold
4,304 shares
Aggregate open-market sales reported in this Form 4
Sale on June 16, 2026
3,754 shares at $6.58/share
Open-market sale of Intellinetics common stock
Sale on June 17, 2026
550 shares at $6.50/share
Open-market sale of Intellinetics common stock
Shares held after June 17 sale
730,346 shares
Indirect holdings by Taglich Brothers, Inc. following transactions
Net buy/sell direction
Net sale of 4,304 shares
Transaction summary for this reporting period
Key Terms
open-market sale, indirect ownership, Common Stock, 10% owner, +1 more
5 terms
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.
indirect ownership financial
""ownership_type": "indirect", "ownership_code": "I""
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
10% owner financial
""is_ten_percent_owner": 1"
Taglich Brothers, Inc. financial
"footnote": {"_": "By Taglich Brothers, Inc.""
FAQ
What insider activity did Intellinetics (INLX) report for Michael N. Taglich?
Intellinetics reported that an entity associated with director and 10% owner Michael N. Taglich, Taglich Brothers, Inc., sold 4,304 common shares in open-market transactions on June 16 and 17, 2026, at prices between $6.50 and $6.58 per share.
Were the reported Intellinetics (INLX) insider trades buys or sells?
All reported transactions were sales of Intellinetics common stock. The Form 4 classifies both entries with transaction code “S” as open-market sales, and the transaction summary shows a net-sell direction of 4,304 shares for this reporting period.