STOCK TITAN

Insider plans RSU sale for IOT (NYSE: IOT) — 1,614 units on 06/10/2026

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

The filing is a Form 144 notice relating to proposed sales of Common Stock by an insider under a 10b5-1 Sales Plan. It lists a planned sale date of 06/10/2026 tied to Restricted Stock Units (quantity 1,614), and shows two completed plan sales of 5,473 shares each on 05/20/2026 and 04/20/2026 with proceeds of $165,319.99 and $167,906.95 respectively. The cover shows an entry dated 06/22/2026.

Positive

  • None.

Negative

  • None.

Insights

Form 144 documents proposed insider sales under an established 10b5-1 plan.

The filing lists a 10b5-1 Sales Plan and identifies a planned sale tied to Restricted Stock Units of 1,614 units with a transaction date of 06/10/2026. Two prior executions under the same plan are shown: 5,473 shares on 05/20/2026 and 04/20/2026 with proceeds of $165,319.99 and $167,906.95.

These notices are routine regulatory disclosures required before certain sales; cash‑flow treatment and buyer identity are not specified in the excerpt. Subsequent filings or broker confirmations would show actual settlement detail.

Two recent plan sales and a planned sale are recorded; sizes are modest in absolute dollars.

The two executed plan trades each involved 5,473 shares producing roughly $165k–$168k. The planned item relates to 1,614 Restricted Stock Units with a 06/10/2026 date shown. The filing does not state whether sales are open‑market or block trades.

Market impact depends on the issuer's float and the execution method; the excerpt does not provide outstanding share or float figures.

Form date 06/22/2026 cover entry date
Planned RSUs to be sold 1,614 shares Restricted Stock Units dated 06/10/2026
Executed plan sale (1) 5,473 shares traded on 05/20/2026
Proceeds from 05/20/2026 sale $165,319.99 amount shown for 5,473-share execution
Executed plan sale (2) 5,473 shares traded on 04/20/2026
Proceeds from 04/20/2026 sale $167,906.95 amount shown for 5,473-share execution
10b5-1 Sales Plan regulatory
"10b5-1 Sales Plan for ADAM ELTOUKHY 1 DE HARO STREET"
A 10b5-1 sales plan is a written, prearranged schedule that company insiders use to buy or sell their employer’s stock under a U.S. securities rule, so trades occur automatically at set times or prices regardless of later private information. It matters to investors because it reduces the risk of insider-trading accusations and signals that certain insider trades were planned ahead—like putting transactions on autopilot—while still affecting share supply and market confidence.
Restricted Stock Units financial
"Common | 06/10/2026 | Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does this IOT Form 144 disclose?

It discloses proposed insider sales under a 10b5-1 plan tied to Restricted Stock Units. The filing shows a planned sale date of 06/10/2026 for 1,614 RSUs and prior executions on 05/20/2026 and 04/20/2026.

Who executed the prior sales listed in the filing for IOT?

The filing lists sales under a 10b5-1 Sales Plan for Adam Eltoukhy. It records two plan sales of 5,473 shares on 05/20/2026 and 04/20/2026 with proceeds shown in the filing.

How much cash did the prior 10b5-1 sales generate?

The two executed plan transactions produced $165,319.99 and $167,906.95. Those amounts are shown alongside the 5,473 share executions on 05/20/2026 and 04/20/2026 respectively.

Does the Form 144 confirm the planned sale was completed?

No; the Form 144 shows a planned sale date of 06/10/2026 for 1,614 RSUs but does not state settlement or completion. Execution confirmation would appear in subsequent trade reports or filings.

Are the listed securities described as restricted or vested?

The filing explicitly labels the relevant securities as Restricted Stock Units. It shows a quantity of 1,614 units associated with the 06/10/2026 entry.