NET Form 144: $254,150 planned common stock sale via MSSB

Rhea-AI Filing Summary

NET received a Form 144 notice indicating an intention to sell up to 1,000 shares of common stock through Morgan Stanley Smith Barney LLC, with an approximate sale date of 11/03/2025. The filing lists an aggregate market value of $254,150 for the planned sale and identifies the trading venue as the NYSE.

Context provided shows 315,250,214 shares outstanding. The shares to be sold were acquired as restricted stock in two grants: 698 shares on 06/01/2024 and 302 shares on 06/02/2023. The past three months include two sales by Mark Hawkins: 1,000 shares on 10/01/2025 for $212,830 and 1,000 shares on 09/02/2025 for $201,600.

Insights

Securities filings analyst

Routine Form 144 resale notice with modest size.

This is a standard Rule 144 notice for a potential secondary sale of $254,150 in common stock, listing sale mechanics (broker, exchange) and acquisition history (restricted stock grants). Such filings disclose intent and methods but do not mandate execution.

The filing also discloses two prior sales of 1,000 shares each on 09/02/2025 and 10/01/2025 with proceeds of $201,600 and $212,830. Actual market impact depends on whether and when the holder chooses to transact under Rule 144.

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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1000	254150.00	315250214	11/03/2025	NYSE

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	06/01/2024	Restricted Stock	Issuer			698	06/01/2024	Not Applicable
Common	06/02/2023	Restricted Stock	Issuer			302	06/02/2023	Not Applicable

* 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
MARK HAWKINS 101 TOWNSEND ST. SAN FRANCISCO CA 94107	Common	10/01/2025	1000	212830.00
MARK HAWKINS 101 TOWNSEND ST. SAN FRANCISCO CA 94107	Common	09/02/2025	1000	201600.00

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)

FAQ

How many NET shares are covered by this Form 144 notice?

The notice covers an intention to sell 1,000 shares of common stock.

What is the aggregate market value for the planned NET share sale?

The filing lists an aggregate market value of $254,150 for the 1,000 shares.

When is the approximate sale date in the NET Form 144?

The approximate sale date stated is 11/03/2025.

Which broker and exchange are identified for the NET sale?

Broker: Morgan Stanley Smith Barney LLC. Exchange: NYSE.

How many NET shares are outstanding according to the filing?

The filing shows 315,250,214 shares outstanding.

How were the NET shares to be sold acquired?

They were acquired as restricted stock: 698 shares on 06/01/2024 and 302 shares on 06/02/2023.

What NET share sales occurred in the past 3 months?

Sales by Mark Hawkins: 1,000 shares on 10/01/2025 for $212,830 and 1,000 shares on 09/02/2025 for $201,600.