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Insider linked to NET plans sale of 3,000 shares under Form 144

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

Rhea-AI Filing Summary

NET filed a Form 144 notice for a planned stock sale. The person for whose account the sale will occur, named as Douglas Kramer, plans to sell 3,000 shares of common stock through Morgan Stanley Smith Barney LLC on or about 02/02/2026 on the NYSE, with an aggregate market value of $528,570.00. The filing notes that these shares were acquired as restricted stock from the issuer on 11/15/2024 and 08/15/2024.

The notice also lists prior sales of the issuer’s common stock by Douglas Kramer over the past three months, including 3,000 shares sold on 11/03/2025, 3,000 shares on 12/01/2025, and 9,000 shares on 01/02/2026, for disclosed gross proceeds in each case.

Positive

  • None.

Negative

  • None.

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 NET Form 144 filing disclose about planned share sales?

The Form 144 shows a planned sale of 3,000 shares of NET common stock. The shares are to be sold through Morgan Stanley Smith Barney LLC on or about 02/02/2026 on the NYSE, with an aggregate market value of $528,570.00.

Who is selling NET shares according to this Form 144 notice?

The filing lists Douglas Kramer as the person for whose account the NET securities will be sold. His address is given as 101 Townsend Street, San Francisco, CA 94107, consistent with Rule 144 disclosure requirements regarding the selling security holder.

How many NET shares has the seller disposed of in the past three months?

The notice details three prior NET common stock sales: 3,000 shares on 11/03/2025, 3,000 shares on 12/01/2025, and 9,000 shares on 01/02/2026. Each transaction includes disclosed gross proceeds, reflecting activity subject to Rule 144 aggregation rules.

How were the NET shares in this Form 144 acquired by the seller?

The filing states the NET shares were acquired as restricted stock from the issuer. It lists 2,720 shares acquired on 11/15/2024 and 280 shares on 08/15/2024, both with payment described as “Not Applicable,” indicating non-cash consideration typical of equity awards.

What exchange and broker are involved in the NET Form 144 sale?

The intended sale of NET common shares is to occur on the NYSE. The filing names Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, as the broker handling the Rule 144 transaction.

What representation does the seller make in the NET Form 144 filing?

By signing, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, as required under Rule 144. Intentional misstatements or omissions are noted as potential federal criminal violations.
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Software - Infrastructure
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United States
SAN FRANCISCO