NET (NYSE: NET) investor plans Rule 144 sale of 3,000 common shares

Rhea-AI Filing Summary

NET investor Douglas Kramer filed a Rule 144 notice to sell 3,000 shares of common stock. The shares have an aggregate market value of 590,508.60, with the sale expected around 12/01/2025 on the NYSE through Morgan Stanley Smith Barney LLC. The issuer has 315,250,214 shares outstanding.

The shares to be sold come from restricted stock awards acquired from the issuer, including 596 shares on 02/15/2024 and 2,404 shares on 05/15/2024, both fully paid on their acquisition dates. During the past three months, Kramer has already sold 3,000 shares on 11/03/2025 for gross proceeds of 766,599.30, 9,000 shares on 10/01/2025 for 1,921,309.50, and 3,000 shares on 09/02/2025 for 606,304.20.

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	3000	590508.60	315250214	12/01/2025	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	02/15/2024	Restricted Stock	Issuer			596	02/15/2024	Not Applicable
Common	05/15/2024	Restricted Stock	Issuer			2404	05/15/2024	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
DOUGLAS KRAMER 101 TOWNSEND ST. SAN FRANCISCO CA 94107	Common	11/03/2025	3000	766599.30
DOUGLAS KRAMER 101 TOWNSEND ST. SAN FRANCISCO CA 94107	Common	10/01/2025	9000	1921309.50
DOUGLAS KRAMER 101 TOWNSEND ST. SAN FRANCISCO CA 94107	Common	09/02/2025	3000	606304.20

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

What does the Form 144 filing for NET disclose about upcoming share sales?

The notice states that Douglas Kramer plans to sell 3,000 shares of NET common stock under Rule 144. The aggregate market value of these shares is 590,508.60, and the sale is expected to occur around 12/01/2025 on the NYSE through Morgan Stanley Smith Barney LLC.

How many NET shares has Douglas Kramer sold in the last three months?

Over the past three months, Douglas Kramer has sold NET common stock in three transactions: 3,000 shares on 11/03/2025 for gross proceeds of 766,599.30, 9,000 shares on 10/01/2025 for 1,921,309.50, and 3,000 shares on 09/02/2025 for 606,304.20.

How did Douglas Kramer acquire the NET shares he plans to sell under Rule 144?

The shares to be sold were obtained as restricted stock from the issuer. This includes 596 shares acquired on 02/15/2024 and 2,404 shares acquired on 05/15/2024, with payment completed on the same dates as the acquisitions.

What is the total number of NET shares outstanding mentioned in the Form 144?

The filing indicates that the issuer has 315,250,214 shares of common stock outstanding at the time of the notice. This figure serves as a baseline for understanding the size of the planned and recent sales.

Which broker is handling Douglas Kramers planned NET share sale?

The planned sale of 3,000 NET common shares will be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

What representation does the seller make about information on the NET issuer in this Form 144?

By signing the notice, the seller represents that he does not know any material adverse information about the current or prospective operations of the issuer that has not been publicly disclosed, as required under Rule 144.