[144] Kolibri Global Energy Inc. SEC Filing

Rhea-AI Filing Summary

Kolibri Global Energy Inc. (KGEI) filed a Form 144 notice for a proposed sale of 35,000 common shares with an aggregate market value of $206,850, representing part of the company's publicly traded common stock. The filing shows the shares are scheduled for sale on 09/17/2025 on Nasdaq and reports 35,460,309 shares outstanding. The securities were acquired through equity compensation: 5,700 RSUs vested on 06/13/2024, 14,947 RSUs vested on 05/28/2025, and 21,351 shares from a stock option exercise on 06/02/2025 paid by check. No securities were sold in the past three months. The filer certifies no undisclosed material adverse information.

Positive

• Transparent disclosure of the planned sale and acquisition history consistent with Rule 144
• No securities sold in the past three months, simplifying aggregation and indicating no recent monetization
• Sale size is small (35,000 shares ≈ 0.10% of outstanding shares), limiting potential market impact

Negative

• Insider selling of vested equity is planned, which some investors may view negatively
• Aggregate market value of $206,850 indicates insider liquidity event that could be interpreted as conversion of compensation to cash

Insights

Securities Analyst

TL;DR: Routine insider sale notice for equity compensation; modest size relative to outstanding shares.

The Form 144 documents a proposed sale of 35,000 shares valued at $206,850 to occur on 09/17/2025. Acquisition details indicate the shares arose from recent equity compensation events (two RSU vesting events and an option exercise) between 06/2024 and 06/2025. With 35.46 million shares outstanding, the proposed sale equals roughly 0.10% of outstanding shares, which is small in absolute and percentage terms. The filing contains the required certification that no material undisclosed information exists. Overall, this appears to be a standard compliance disclosure of an insider monetizing vested compensation rather than a material corporate development.

Corporate Governance Expert

TL;DR: Disclosure meets Rule 144 requirements; timing and nature suggest routine liquidity from compensation.

The notice identifies the source of the securities as RSU vesting and an option exercise, and shows payment method for the exercise as a check, which clarifies consideration. The absence of any reported sales in the prior three months reduces complexity for aggregation calculations. The filer’s signature block includes the standard certification regarding undisclosed material information. From a governance perspective, the filing is procedural and provides transparency about insider ownership changes but does not on its face indicate governance issues.

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	Charles Schwab Corp. 3000 Schwab Way Westlake TX 76262	35000	206850.00	35460309	09/17/2025	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	06/13/2024	RSU Stock Grants that vested	Issuer			5700	06/13/2024	Equity Compensation
Common	05/28/2025	RSU Stock Grants that vested	Issuer			14947	05/28/2025	Equity Compensation
Common	06/02/2025	Stock Option Exercise	Issuer			21351	06/02/2025	Check

* 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

Nothing to Report

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

What does the Form 144 filed by KGEI disclose?

The filing discloses a proposed sale of 35,000 common shares valued at $206,850, to occur on 09/17/2025 on Nasdaq.

How were the shares being sold acquired?

The shares were acquired via equity compensation: 5,700 RSUs vested 06/13/2024, 14,947 RSUs vested 05/28/2025, and 21,351 shares from a stock option exercise on 06/02/2025.

How significant is the sale relative to KGEI's outstanding shares?

The company reports 35,460,309 shares outstanding; the sale of 35,000 shares represents approximately 0.10% of outstanding shares.

Were any KGEI securities sold by the filer in the past three months?

The filing states Nothing to Report under securities sold during the past three months.

Does the filing indicate any undisclosed material information about KGEI?

The filer certified by signature that they do not know any material adverse information about the issuer that has not been publicly disclosed.