Restricted-stock sale notice for MRAM (NASDAQ: MRAM)

Rhea-AI Filing Summary

MRAM reported a Form 144 notice of proposed restricted stock sales. The filing lists proposed sales of 23,408, 1,747 and 23,408 shares tied to grant dates 05/25/2024, 06/23/2024 and 05/25/2023. The filing is a routine Section 144 resale notice for restricted shares; timing and proceeds details are limited in the excerpt.

Insights

Securities Compliance Attorney

Routine resale notice under Rule 144 listing specific restricted-share lots.

The filing lists proposed disposals of restricted common stock in three lots: 23,408, 1,747 and 23,408. This is a procedural notice that permits holders to comply with resale conditions.

Key dependencies are transfer timing and satisfaction of resale conditions; the excerpt does not disclose when sales will occur or who will receive proceeds. Subsequent filings may report actual transactions.

Key Figures

Proposed lot 1: 23,408 shares Proposed lot 2: 1,747 shares Proposed lot 3: 23,408 shares +3 more

6 metrics

Proposed lot 1 23,408 shares grant date <date>05/25/2024</date>

Proposed lot 2 1,747 shares grant date <date>06/23/2024</date>

Proposed lot 3 23,408 shares grant date <date>05/25/2023</date>

Aggregate filing identifier number 48,563 excerpt header number

Numeric field shown 1,843,213.52 excerpt header numeric value

Numeric field shown 23,447,577 excerpt header numeric value

Key Terms

Restricted Stock, Issuer, Form 144

3 terms

Restricted Stock financial

"Common | 05/25/2024 | Restricted Stock | Issuer"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Issuer regulatory

"Restricted Stock | Issuer"

Form 144 regulatory

"CONTENT METADATA: "form_type": "144""

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	48563	1843213.52	23447577	05/15/2026	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	05/25/2024	Restricted Stock	Issuer			23408	05/25/2024	Not Applicable
Common	06/23/2024	Restricted Stock	Issuer			1747	06/23/2024	Not Applicable
Common	05/25/2023	Restricted Stock	Issuer			23408	05/25/2023	Not Applicable

* 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 MRAM's Form 144 notice mean?

It notifies the SEC of intended sales of restricted shares by an insider or selling holder. The excerpt lists proposed lots of 23,408, 1,747 and 23,408 shares tied to specific grant dates.

How many shares are listed for proposed sale in MRAM's filing?

The excerpt lists three proposed restricted-share lots: 23,408, 1,747 and 23,408 tied to grant dates in 2023 and 2024. It does not aggregate a total.

Does the Form 144 extract show sale proceeds or timing for MRAM?

No; the excerpt does not disclose sale prices, proceeds, or exact sale timing. It lists grant dates and share counts but not transaction dates or purchasers.

Who filed the notice in the MRAM excerpt?

The filing references Morgan Stanley Smith Barney LLC Executive Financial Services as a filer. The excerpt does not identify the beneficial owner or ultimate seller by name.

Are the listed shares unrestricted or restricted in MRAM's notice?

The excerpt explicitly labels the lots as Restricted Stock. The notice therefore concerns the proposed resale of restricted shares under resale rules.