Issuer (INSP) files Form 144 for planned sale of 2,000 common shares
Rhea-AI Filing Summary
An affiliate of the issuer filed a Form 144 notice to sell 2,000 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an approximate aggregate market value of $254,660. The filing lists total shares of this class outstanding as 29,056,434.
The shares to be sold were acquired on 03/17/2023 by exercising stock options granted by the issuer, with the purchase price paid in cash on the same date. This notice reflects a planned sale by or for the account of a person related to the issuer under Rule 144, and includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.
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FAQ
What does the INSP Form 144 filing disclose?
The filing discloses that an affiliate of the issuer intends to sell 2,000 shares of common stock on the NYSE under Rule 144, with an approximate aggregate market value of $254,660.
How many INSP shares are being sold and through which broker?
The notice covers a proposed sale of 2,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services, to be executed on the NYSE.
When were the INSP shares being sold under Rule 144 originally acquired?
The 2,000 shares were acquired on 03/17/2023 via previously exercised stock options from the issuer, with the purchase price paid in cash on that date.
What is the aggregate market value and share count context for this INSP sale?
The proposed sale has an approximate aggregate market value of $254,660, and the filing lists 29,056,434 shares of this class of common stock as outstanding.
On what date is the INSP Rule 144 sale expected to occur?
The filing indicates an approximate sale date of 11/28/2025 for the 2,000 shares of common stock on the NYSE.
What representation does the seller make in the INSP Form 144?
The person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer's current or prospective operations that has not been publicly disclosed.