[144] MultiSensor AI Holdings, Inc. SEC Filing

Rhea-AI Filing Summary

MultiSensor AI Holdings, Inc. (MSAI) submitted a Rule 144 notice reporting a proposed sale of 152,125 shares of common stock through Charles Schwab with an aggregate market value of $108,510.76. The filing lists the total number of outstanding shares as 34,574,485 and an approximate sale date of 09/16/2025. The shares were acquired on 12/19/2023 in an exchange of shares from the issuer. The notice also discloses multiple sales by the reporting person, Gary Strahan, over the past three months with individual sale dates and gross proceeds provided. The filer certifies there is no undisclosed material adverse information.

Positive

• Detailed compliance disclosure including broker, share counts, and acquisition details demonstrates adherence to Rule 144 requirements
• Seller attestation that no material undisclosed information is known supports regulatory transparency

Negative

• Multiple recent insider sales by the reporting person are disclosed in the past three months, which may be of interest to investors
• Proposed sale represents a non-trivial number of shares (152,125) relative to publicly reported outstanding shares

Insights

Securities/Equity Analyst

TL;DR: Rule 144 sale notice discloses an expected sale of 152,125 shares and several recent insider sales; disclosure is routine but notable for volume.

The filing provides clear transactional detail: the proposed sale of 152,125 shares via Charles Schwab valued at $108,510.76 against 34,574,485 shares outstanding gives investors transparent context on the size of the sale relative to outstanding stock. The shares were acquired in an exchange on 12/19/2023 from the issuer, and the notice lists multiple recent dispositions by the reporting person with dates and gross proceeds. As a Form 144, this is a compliance disclosure rather than operational or financial guidance.

Corporate Governance Expert

TL;DR: The filing documents insider selling activity and confirms the seller attests no undisclosed material adverse information.

The notice meets Rule 144 disclosure requirements by naming the broker, transaction details, acquisition date and nature (exchange of issuer shares), and past sales by the same person. The repeated sales recorded over the recent three-month window are relevant for governance transparency and stakeholder awareness. There is no statement in the document indicating any undisclosed material issues with the issuer.

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 Stock	Charles Schwab & Co 3000 Schwab Way Westlake TX 76262	152125	108510.76	34574485	09/16/2025	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 Stock	12/19/2023	Exchange of Shares of Infrared Cameras Holdings Inc	Issuer			152125	12/19/2023	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Gary Strahan 2105 WEST CARDINAL DRIVE BEAUMONT TX 77705	Common Stock	06/20/2025	21470	14231.46
Gary Strahan 2105 WEST CARDINAL DRIVE BEAUMONT TX 77705	Common Stock	06/23/2025	76711	42296.60
Gary Strahan 2105 WEST CARDINAL DRIVE BEAUMONT TX 7705	Common Stock	07/07/2025	26969	17976.91
Gary Strahan 2105 WEST CARDINAL DRIVE BEAUMONT TX 77705	Common Stock	07/17/2025	363	292.75
Gary Strahan 2105 WEST CARDINAL DRIVE BEAUMONT TX 7705	Common Stock	07/18/2025	34959	26176.84
Gary Strahan 2105 WEST CARDINAL DRIVE BEAUMONT TX 77705	Common Stock	07/21/2025	89265	67049.60
Gary Strahan 2105 WEST CARDINAL DRIVE BEAUMONT TX 77705	Common Stock	07/28/2025	42775	33270.07
Gary Strahan 2105 WEST CARDINAL DRIVE BEAUMONT TX 77705	Common Stock	09/12/2025	40000	29778.02

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 the Form 144 for MSAI report?

The Form 144 reports a proposed sale of 152,125 common shares via Charles Schwab with an aggregate market value of $108,510.76 and lists outstanding shares of 34,574,485.

When were the shares to be sold acquired according to the filing?

The shares were acquired on 12/19/2023 in an exchange of shares from the issuer.

Who is the person with recent sales disclosed in the filing?

The filing shows multiple sales by Gary Strahan with specific sale dates and gross proceeds disclosed for each transaction in the past three months.

What broker is handling the proposed sale?

The proposed sale is listed through Charles Schwab & Co at the address provided in the filing.

What is the approximate date listed for the proposed sale?

The approximate date of sale is listed as 09/16/2025.

Does the filing state any undisclosed material adverse information?

The signer represents by the notice that they do not know of any material adverse information regarding the issuer that has not been publicly disclosed.