Movano Inc. (NYSE: MOVE) files Form 144 for 21,000-share sale by insider
Rhea-AI Filing Summary
Movano Inc. received a notice of proposed sale on Form 144 covering planned sales of its Class A common stock. The filing indicates a plan to sell 21,000 shares of Class A common stock on the NYSE through J.P. Morgan Securities LLC, with an aggregate market value of $150,000 and 834,857 shares of this class shown as outstanding. The approximate sale date listed is 01/07/2026.
The securities to be sold were acquired from Movano Inc. via a cashless option exercise and sale transaction dated 11/03/2025, with 42,250 common shares acquired and cash payment dated 01/08/2026. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about Movano’s current or prospective operations.
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FAQ
What does Movano (MOVE) disclose in this Form 144 filing?
The notice states that an affiliated holder plans to sell 21,000 shares of Movano Inc. Class A common stock on the NYSE, with an aggregate market value of $150,000, using J.P. Morgan Securities LLC as broker.
How many Movano (MOVE) shares are planned for sale under this Form 144?
The filing covers a proposed sale of 21,000 shares of Movano Inc. Class A common stock, with the approximate sale date listed as 01/07/2026.
What is the aggregate market value of the Movano (MOVE) shares in this planned sale?
The planned sale of 21,000 Class A common shares is shown with an aggregate market value of $150,000 in the Form 144 notice.
How were the Movano (MOVE) shares to be sold originally acquired?
The securities were acquired from Movano Inc. through a cashless option exercise and sale dated 11/03/2025, involving 42,250 common shares, with cash payment dated 01/08/2026.
What does the Form 144 representation say about undisclosed information at Movano (MOVE)?
By signing the notice, the selling person represents that they do not know of any material adverse information about Movano Inc.’s current or prospective operations that has not been publicly disclosed.
On which exchange and through which broker are the Movano (MOVE) shares expected to be sold?
The Form 144 lists NYSE as the securities exchange and J.P. Morgan Securities LLC as the broker for the planned sale of Movano Inc. Class A common stock.