Adam Eltoukhy to sell 16,419 IOT shares (NYSE: IOT)
Rhea-AI Filing Summary
Adam Eltoukhy filed a Form 144 reporting an intended sale of 16,419 shares of Common Stock (described as Restricted Stock Units) with a proposed sale date of 03/10/2026. The filing lists prior 10b5-1 plan sales of 4,688 shares on 02/20/2026, 01/20/2026, and 12/22/2025, with gross proceeds of $125,611.42, $152,563.21, and $179,664.11, respectively.
Positive
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Negative
- None.
Insights
Form 144 notifies the market of a planned insider sale under a 10b5-1 framework.
The filing lists an intent to sell 16,419 shares of Common Stock on 03/10/2026, described as Restricted Stock Units. It also records three prior 10b5-1 transactions totaling 14,064 shares across 12/22/2025, 01/20/2026, and 02/20/2026 with stated gross proceeds.
These entries are procedural disclosures: the cash treatment and whether sales occur via block trades, brokerage transactions, or other methods is cash-flow treatment not specified in the provided excerpt. Subsequent trading reports will show completed dispositions and any changes to remaining holdings.
FAQ
What does Adam Eltoukhy's Form 144 for IOT report?
How many shares were sold under prior 10b5-1 plans shown in the filing for IOT?
What proceeds were reported for the recent 10b5-1 sales in the Form 144?
Does the Form 144 state how the planned 16,419-share sale will be executed?
Is the 16,419-share amount already sold or only proposed in the Form 144 for IOT?