[144] Mama's Creations, Inc. SEC Filing
Rhea-AI Filing Summary
Mama's Creations, Inc. (MAMA) filed a Form 144 notifying a proposed sale of 4,000 common shares representing an aggregate market value of $40,732.80. The shares were acquired on 08/01/2024 as restricted stock that vested under a registered plan and were received as compensation. The sale is expected to occur on or about 09/18/2025 through Morgan Stanley Smith Barney LLC on NASDAQ. There were 40,498,628 shares outstanding reported, and no securities of the issuer were sold by the reporting person in the past three months according to the filing.
Positive
- None.
Negative
- None.
Insights
TL;DR The proposed sale is small relative to outstanding shares and appears routine, stemming from vested restricted stock received as compensation.
The Form 144 discloses a proposed disposal of 4,000 shares valued at $40,732.80, with acquisition via restricted stock vesting on 08/01/2024 and an approximate sale date of 09/18/2025. Relative to the 40,498,628 shares outstanding, this sale is immaterial (~0.01%) and unlikely to affect market pricing or company control. No recent sales in the prior three months were reported, suggesting this is an ordinary liquidity event by an insider rather than a pattern of disposal.
TL;DR Disclosure meets Rule 144 mechanics; transaction arises from compensation vesting and includes customary attestations about material nonpublic information.
The filing documents the necessary broker, nature of acquisition, and the insider representation that no undisclosed material adverse information is known. The origin of the shares (restricted stock vesting under a registered plan) and the broker channel (Morgan Stanley Smith Barney) align with standard governance and compliance practice. Given the small size of the proposed sale, there is no immediate governance signal of insider distress or policy breach in the filing itself.