INLX director Robert Taglich sells 35,732 shares at $11
Rhea-AI Filing Summary
INTELLINETICS, INC. director Robert F. Taglich reported a sale of 35,732 shares of common stock on 10/07/2025 at a price of $11 per share. After the reported transaction, the reporting person beneficially owns 458,642 shares indirectly through Taglich Brothers, Inc.. The sale is reported on a Form 4 signed on 10/09/2025, and the filing identifies the reporting person as a director of the company. The form shows the transaction code S (sale) and lists the ownership form as indirect with a reference to a footnote naming the indirect holder.
Positive
- Timely disclosure of the insider sale via a filed Form 4
- Substantial remaining stake: 458,642 shares held indirectly after the sale
Negative
- Insider sale of 35,732 shares at $11 may signal individual liquidity needs or reallocation
- No explanatory disclosure of a 10b5-1 plan or reason for the sale in the filing limits context for investors
Insights
An insider director executed a disclosed sale of company stock, reducing indirect holdings.
The sale of 35,732 shares at $11 on 10/07/2025
The key dependency is the reason for the sale (not provided); absence of a disclosed 10b5-1 plan or explanatory note limits interpretation. Monitor subsequent Form 4s or company disclosures within the next 30-90 days for patterns or explanations.
Insider continues to hold a material indirect stake following the sale.
After the transaction the reporting person beneficially owns 458,642 shares indirectly via Taglich Brothers, Inc., indicating continued significant exposure to the issuer's equity.
For investors, follow any additional disposals or filings that change the 458,642 position or disclose the nature of the indirect ownership within the next quarter.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 35,732 | $11.00 | $393K |
Footnotes (1)
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