KALA (KALA) files Form 144 for $14.6K insider stock sale

Rhea-AI Filing Summary

KALA BIO, Inc. has filed a Form 144 indicating a proposed sale of 3,631 shares of its common stock. The shares are to be sold through E*TRADE Financial on or after 24 June 2025 on the NASDAQ exchange. At the reference market price, the transaction is valued at approximately $14,560. The company reports 6,452,398 shares outstanding, so the contemplated sale represents roughly 0.06% of the float.

The shares were acquired via the vesting of Restricted Stock Units (RSUs) issued as equity compensation on the same date. During the past three months, the same account sold 2,850 shares on 3 June 2025 for gross proceeds of $10,659.

Rule 144 filings are routine administrative notices required before certain affiliate or insider sales. Given the small size relative to total shares and the absence of any disclosed adverse information, the filing appears immaterial to the company’s fundamentals and is unlikely to influence trading dynamics.

Insights

Securities Analyst

TL;DR — Minor insider sale (0.06% float); no material impact expected.

The Form 144 covers just 3,631 shares, worth about $14.6 K, against a 6.45 M share base. It follows a prior 2,850-share sale earlier in the month. The shares originate from RSU vesting, a routine compensation event. No pricing, strategic, or operational disclosures accompany the notice, and the filer affirms no undisclosed material information. In my view, the transaction is administratively necessary but non-impactful for investors, warranting a neutral stance.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	ETRADE FINANCIAL CORPORATION 3 EDISON DRIVE ALPHARETTA GA 30005	3631	14560.31	6452398	06/24/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	06/24/2025	Restricted Stock Unit Vesting	Issuer			12047	06/24/2025	Equity Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ETRADE FINANCIAL CORPORATION 3 EDISON DRIVE ALPHARETTA GA 30005	Common Stock	06/03/2025	2850	10659.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many KALA BIO (KALA) shares are being sold under this Form 144?

3,631 common shares are slated for sale.

What is the approximate market value of the proposed KALA share sale?

The filing lists an aggregate market value of $14,560.31.

When is the planned sale date for the KALA BIO shares?

The approximate sale date disclosed is 24 June 2025.

What percentage of outstanding shares do the 3,631 shares represent?

They equate to roughly 0.06% of the 6,452,398 shares outstanding.

Were there any recent prior sales by the same filer?

Yes. 2,850 shares were sold on 3 June 2025 for $10,659.

How were the shares acquired by the insider?

They were obtained through Restricted Stock Unit vesting as equity compensation.