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MTEK (NASDAQ) insider notice: proposed sale of 19,899 Ordinary shares via options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

MTEK reported proposed sales of Ordinary shares under employee stock option plans: 3,980 shares and 15,919 shares, each to be sold after cash upon exercise.

The notice names Oppenheimer & Co. Inc. as the broker and lists 8,104,180 shares outstanding as of 03/05/2026.

Positive

  • None.

Negative

  • None.

Insights

Form 144 lists planned sales of option-derived Ordinary shares by holders using cash-on-exercise arrangements.

Two separate option-sale entries are shown: 3,980 and 15,919 Ordinary shares, both tied to Employee Stock Option Plans and designated as "Cash Upon Exercise." The broker named is Oppenheimer & Co. Inc..

These appear as routine insider dispositions reported under applicable rules; reported shares outstanding are 8,104,180 as of 03/05/2026, which provides context for relative scale. Subsequent filings will show actual transactions and timing.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the MTEK Form 144 disclose?

The filing discloses proposed sales of Ordinary shares: 3,980 and 15,919 shares under employee stock option plans, with sales to occur on a cash-upon-exercise basis through a broker.

Who is the broker handling the MTEK share sales?

The filing lists Oppenheimer & Co. Inc. at 85 Broad St., New York, NY as the broker named in the Form 144 notice handling the proposed transactions.

What method is specified for the MTEK securities to be sold?

The securities are identified as arising from Employee Stock Option Plans and designated for sale with the method described as Cash Upon Exercise, per the Form 144 entries.

How many shares outstanding does MTEK report in the excerpt?

The excerpt lists 8,104,180 shares outstanding as of 03/05/2026, provided as context in the Form 144 notice.

Are the proposed MTEK sales completed by the filing?

No completion is shown; the Form 144 records proposed sales tied to option exercises. Actual sale dates and completed transaction details would appear in subsequent filings or confirmations.
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