NET (NASDAQ: NET) insider files Form 144 to sell 15,000 shares

Rhea-AI Filing Summary

Filer submitted a Form 144 reporting proposed sales and recent dispositions of Common Stock. The filing lists 15,000 shares proposed to be sold through Stifel Nicolaus & Company and records four prior dispositions in the past three months: 9,991, 5,009, 15,000, and 15,000 shares on the dates shown. The filing also shows 319,528,350 shares outstanding as of 07/07/2026.

Insights

Corporate Securities Analyst

Routine Form 144 lists proposed resale and recent insider dispositions.

The filing records a proposed sale of 15,000 shares via Stifel Nicolaus and four reported dispositions totaling 45,000 shares across April–June 2026. These are reported sale transactions and documentary compliance under the securities resale notice rules.

Cash‑flow treatment and whether the proposed sale completes are not stated in the excerpt; subsequent filings would show execution details and any change in holdings.

Key Figures

Proposed sale: 15,000 shares Recent disposition: 9,991 shares Recent disposition: 5,009 shares +3 more

6 metrics

Proposed sale 15,000 shares listed with Stifel Nicolaus for resale

Recent disposition 9,991 shares sold on <date> 04/28/2026 with proceeds $2,156,573.00

Recent disposition 5,009 shares sold on <date> 05/01/2026 with proceeds $1,081,049.00

Recent disposition 15,000 shares sold on <date> 05/05/2026 with proceeds $3,571,797.00

Recent disposition 15,000 shares sold on <date> 06/01/2026 with proceeds $3,690,930.00

Shares outstanding 319,528,350 shares as of 07/07/2026

Key Terms

Form 144, Restricted Stock Units, Issuer resale, Stifel Nicolaus

4 terms

Form 144 regulatory

"Filer Information | 144: Filer Information"

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.

Restricted Stock Units financial

"Common Stock | 11/10/2009 | Restricted Stock Units"

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.

Issuer resale regulatory

"Restricted Stock Units | Issuer | 15000"

Stifel Nicolaus market

"Stifel Nicolaus & Company Inc 501 N Broadway St. Louis MO 63102"

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Available on EDGAR 07/07/2026 - 04:49 PM Accepted by SEC EDGAR 07/07/2026 - 04:48 PM Learn about SEC filing dates

FAQ

What does NET's Form 144 disclose about the proposed sale?

It reports a proposed sale of 15,000 shares through Stifel Nicolaus. The filing names the broker and shows the proposed quantity and the manner of sale as a resale of Common Stock.

How many shares did the reporting person sell in the past three months?

The filing lists four dispositions totaling 45,000 shares during April–June 2026. Each sale includes a date and gross proceeds figure for the listed transactions.

What gross proceeds are shown for recent sales in the Form 144?

The excerpt shows gross proceeds of $2,156,573.00, $1,081,049.00, $3,571,797.00, and $3,690,930.00 for the four listed dispositions respectively.

Does this Form 144 state how many shares are outstanding for NET?

Yes; the filing includes a reported shares outstanding number of 319,528,350 with an associated date of 07/07/2026

Is the proposed sale in the Form 144 already completed?

The filing reports a proposed sale of 15,000 shares but does not state completion. Form 144s notify the SEC of intended resales; execution status is not shown in the provided excerpt.

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	Stifel Nicolaus & Company Inc 501 N Broadway St. Louis MO 63102	15000	4021641.00	319528350	07/07/2026	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 Stock	11/10/2009	Restricted Stock Units	Issuer			15000	11/10/2009	Cash

* 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
Carl Ledbetter 101 TOWNSEND ST. SAN FRANCISCO CA 94107	Common Stock	04/28/2026	9991	2156573.00
Carl Ledbetter 101 TOWNSEND ST. SAN FRANCISCO CA 94107	Common Stock	05/01/2026	5009	1081049.00
Carl Ledbetter 101 TOWNSEND ST. SAN FRANCISCO CA 94107	Common Stock	05/05/2026	15000	3571797.00
Carl Ledbetter 101 TOWNSEND ST. SAN FRANCISCO CA 94107	Common Stock	06/01/2026	15000	3690930.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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)