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NovaBridge officer to sell 46,947 shares

An executive of NovaBridge Biosciences files to sell a portion of recently vested equity on NASDAQ mainly to cover obligations from equity award vesting.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

NovaBridge Biosciences (NBP) received a notice under Rule 144 that Chief Business Development Officer Cao Sean Wuxiong plans to sell 46,947 Ordinary Shares through Citigroup Global Markets on or about September 9, 2026 on NASDAQ, with an aggregate market value of $79,377.99 and 265,377,891 shares outstanding.

The shares derive from restricted stock units vesting on September 3, 2026, when 147,554 shares were acquired as compensation, and the filing states that shares are being sold to cover obligations arising from the vesting and settlement of equity awards.

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Shares to be sold 46,947 shares Ordinary Shares proposed to be sold under Rule 144
Aggregate market value $79,377.99 Aggregate market value of the 46,947 shares to be sold
Shares outstanding 265,377,891 shares Number of NovaBridge Biosciences shares outstanding referenced in the notice
Shares acquired via RSU vesting 147,554 shares Ordinary Shares acquired on September 3, 2026 as compensation from restricted stock units vesting
Approximate sale date September 9, 2026 Approximate date of sale for the proposed Rule 144 transaction
Acquisition date September 3, 2026 Date the RSU-based Ordinary Shares were acquired as compensation
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock units financial
"Ordinary Shares | 09/03/2026 | RESTRICTED STOCK UNITS VESTING |"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
aggregate market value financial
"Ordinary Shares | CITIGROUP GLOBAL MARKETS ... | 46947 | 79377.99 |"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
equity awards financial
"SHARES WERE SOLD TO COVER OBLIGATIONS ARISING FROM THE VESTING AND SETTLEMENT OF EQUITY AWARDS"
Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.

FAQ

What does NovaBridge Biosciences (NBP) Form 144 filing report?

It reports that Chief Business Development Officer Cao Sean Wuxiong intends to sell 46,947 Ordinary Shares of NovaBridge Biosciences on NASDAQ under Rule 144, with an aggregate market value of $79,377.99, through Citigroup Global Markets.

How many NovaBridge Biosciences (NBP) shares are planned to be sold under this Form 144?

The notice states that 46,947 Ordinary Shares of NovaBridge Biosciences are proposed to be sold. These shares have an aggregate market value of $79,377.99 as stated in the filing.

When are the NBP shares expected to be sold according to the Form 144?

The approximate sale date disclosed is September 9, 2026. The filing lists NASDAQ as the securities exchange and Citigroup Global Markets as the broker handling the transaction.

How were the NovaBridge Biosciences (NBP) shares being sold acquired?

The filing states the Ordinary Shares were acquired on September 3, 2026 through restricted stock units vesting from NovaBridge Biosciences, described as compensation in the securities-to-be-sold section.

What amount of NovaBridge Biosciences (NBP) shares vested as compensation?

The securities-to-be-sold section reports that 147,554 Ordinary Shares were acquired on September 3, 2026 via restricted stock units vesting, characterized as compensation from NovaBridge Biosciences.

Why does the Form 144 say the NBP shares are being sold?

The remarks state that shares were sold to cover obligations arising from the vesting and settlement of equity awards, indicating the sale relates to obligations linked to those equity awards.

How many NovaBridge Biosciences (NBP) shares are outstanding as referenced in the filing?

The filing lists 265,377,891 shares of NovaBridge Biosciences as outstanding in the securities information section, providing context for the planned sale amount.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

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

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