LUCYW insider files Form 144 to sell 1,485 shares on 08/19/2025
Rhea-AI Filing Summary
Form 144 notice: A person affiliated with Innovative Eyewear, Inc. (ticker LUCYW) notified a proposed sale of 1,485 common shares08/19/2025. The filing lists an aggregate market value of $2,889.95 for the shares and reports 4,574,602 shares outstanding. The securities were acquired the same day as an RSU grant dated 08/19/2025 for 4,800 shares, with cash listed as the payment method. The filer attests they are not aware of any undisclosed material adverse information about the issuer.
Positive
- Small size: The proposed sale of 1,485 shares equals ~0.0325% of the 4,574,602 shares outstanding, suggesting minimal market impact
- Acquisition transparency: Securities were acquired via an RSU grant on 08/19/2025 with cash payment recorded, clarifying the origin of the shares
- Attestation: Filer signed a representation they are not aware of any undisclosed material adverse information
Negative
- None.
Insights
TL;DR: Routine small-volume insider sale from recent RSU grant; not likely material to valuation.
The filing documents a proposed sale of 1,485 common shares valued at $2,889.95, executed through Raymond James on 08/19/2025. The shares were acquired as a RSU grant on the same date (4,800 shares granted) and paid in cash. Relative to the issuer's reported 4,574,602 shares outstanding, the proposed sale represents approximately 0.0325% of outstanding stock, indicating immaterial direct dilution or market impact. There is no disclosure of other recent sales in the past three months.
TL;DR: Disclosure complies with Rule 144 formalities; filer asserts no material nonpublic information.
The notice includes the standard attestation that the seller is not aware of undisclosed material adverse information and supplies broker details (Raymond James). The transaction stems from a contemporaneous RSU grant, with cash payment noted. No plan adoption date or 10b5-1 trading plan is indicated in the remarks section. Based on the data provided, this is a routine compliance filing rather than a material governance event.