[144] Innoviz Technologies Ltd. SEC Filing
Innoviz Technologies Ltd. (INVZW) submitted a Form 144 disclosing a proposed sale of 4,292 ordinary shares through Oppenheimer & Co. on 09/19/2025 with an aggregate market value of $8,455.24. The shares were originally acquired on 08/10/2017 under an Employee Stock Option Plan and will be exercised for cash upon exercise. The filer reports total outstanding shares of 169,397,030. The notice also lists a recent sale by the same person of 3,708 shares on 07/24/2025 for $7,450.03. The signer certifies no undisclosed material information.
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Insights
TL;DR: Routine Rule 144 filing showing small-scale insider sale; primary implication is regulatory compliance, not material market impact.
The Form 144 discloses a proposed sale of 4,292 ordinary shares, acquired via an employee stock option in 2017, to be sold through a broker on a specified date. Amounts are immaterial relative to the 169.4 million shares outstanding, indicating this is a routine liquidity action rather than a signal of company performance. The filing includes a prior small sale of 3,708 shares within three months, which is consistent with periodic insider monetization. No nonpublic material information is asserted by the signer.
TL;DR: Insider sale disclosed under Rule 144, but the size is negligible versus outstanding shares; unlikely to affect valuation.
The disclosed aggregate market value (~$8.5k) and share count are trivial compared with the issuer's total share base, suggesting no material dilution or market-moving distribution. The acquisition via an employee option and cash-upon-exercise payment is standard. For investors, the filing confirms transparency around insider transactions but provides no substantive information about operational or financial performance.