Intrusion director plans 15K-share stock sale
A director of Intrusion, Inc. has filed a Rule 144 notice to sell 15,000 shares of common stock arising from vested restricted stock units.
Rhea-AI Filing Summary
Intrusion, Inc. (INTZ) is the issuer of common stock that a director, Dion Hinchcliffe, plans to sell under Rule 144. The notice covers a proposed sale of 15,000 shares of common stock through Raymond James & Associates, Inc., with an aggregate market value of $11,769 and with 26,595,635 shares outstanding.
The shares relate to director compensation and arise from 50,724 restricted stock units (RSUs) granted on August 27, 2024, which fully vest on August 27, 2025. The 15,000-share lot is assumed to come from these RSUs, and no cash payment is involved in the acquisition.
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Key Figures
Key Terms
Rule 144 regulatory
restricted stock units financial
director compensation financial
aggregate market value financial
FAQ
What is Intrusion, Inc. (INTZ) disclosing in this Form 144 notice?
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