[144] Mind Medicine (MindMed) Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 notice for Mind Medicine (MNMD): The filing records a proposed sale of 25,797 common shares with an aggregate market value of $252,106.34 through Morgan Stanley Smith Barney LLC on 09/25/2025 on Nasdaq. The shares were acquired the same day as restricted stock vesting under a registered plan and payment is listed as Not Applicable. The form also discloses a prior sale by Robert B Barrow of 26,491 shares on 06/25/2025 for gross proceeds of $180,210.33. The filer attests there is no undisclosed material adverse information and the standard signature and legal warning language appear.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider sale appears routine: vested restricted shares sold through broker; transaction size is modest.
The transaction is an internal liquidity event arising from restricted stock vesting, with 25,797 shares valued at $252,106.34 scheduled for sale on 09/25/2025 via Morgan Stanley Smith Barney LLC on Nasdaq. The filing indicates acquisition and sale on the same date under a registered plan, suggesting compliance with resale conditions. A prior sale by Robert B Barrow of 26,491 shares on 06/25/2025 for $180,210.33 is separately disclosed. Absent additional context on outstanding float or executive role, this filing alone is a routine insider liquidity disclosure.
TL;DR: Disclosure follows Rule 144 mechanics; vesting-driven sale and attestation included, consistent with required compliance.
The form documents that the shares to be sold were acquired via restricted stock vesting under a registered plan and that the filer affirms no undisclosed material adverse information. The broker, sale date, share count, and market value are provided, and the filing includes the required attestation and legal certification language. From a governance perspective, the filing meets procedural requirements for Rule 144 notices but does not supply issuer details within the form text itself.