NOTE (NOTE) insider files Rule 144 to sell 5,590 Class A shares

Rhea-AI Filing Summary

An affiliate of NOTE filed a notice of proposed sale of restricted stock under Rule 144. The filing covers the planned sale of 5,590 Class A shares through Fidelity Brokerage Services on the NYSE, with an aggregate market value of 10,695.90. These Class A shares were acquired on 12/01/2025 through restricted stock vesting as compensation from the issuer on the same date.

As context, the Class A shares outstanding were reported at 15,018,986 shares, and the same seller’s revocable trust reported prior Class A sales over the past three months totaling several thousand shares across three transactions with gross proceeds of 24,545.18, 22,860.60, and 19,960.83. By signing the notice, the seller represents they are not aware of undisclosed material adverse information about the issuer’s operations.

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
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	5590	10695.90	15018986	12/03/2025	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 *
Class A	12/01/2025	Restricted Stock Vesting	Issuer			5590	12/01/2025	Compensation

* 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
Timothy T. Hwang Revocable Trust Dated 1/10/2019 1201 Pennsylvania Avenue NW 6th Floor Washington DC 20004	Class A	09/04/2025	5785	24545.18
Timothy T. Hwang Revocable Trust Dated 1/10/2019 1201 Pennsylvania Avenue NW 6th Floor Washington DC 20004	Class A	10/02/2025	4766	22860.60
Timothy T. Hwang Revocable Trust Dated 1/10/2019 1201 Pennsylvania Avenue NW 6th Floor Washington DC 20004	Class A	11/07/2025	7695	19960.83

144: Remarks and Signature

Remarks

Date of Notice

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 this Form 144 filing for NOTE disclose?

It discloses that a security holder intends to sell 5,590 Class A shares of NOTE on the NYSE under Rule 144, based on recently vested restricted stock received as compensation.

How many NOTE shares are planned for sale in this Form 144?

The filing shows a planned sale of 5,590 Class A shares, with an aggregate market value of 10,695.90 at the time of the notice.

When were the NOTE shares to be sold acquired by the insider?

The 5,590 Class A shares were acquired on 12/01/2025 through restricted stock vesting from the issuer as compensation.

How many NOTE Class A shares were outstanding at the time of this notice?

The notice reports that 15,018,986 Class A shares were outstanding when the Form 144 was prepared.

What prior sales of NOTE shares did the seller report for the past 3 months?

The seller’s revocable trust reported three prior Class A sales: 5,785 shares on 09/04/2025 for 24,545.18, 4,766 shares on 10/02/2025 for 22,860.60, and 7,695 shares on 11/07/2025 for 19,960.83 in gross proceeds.

Where will the NOTE shares in this Form 144 be sold?

The filing indicates the shares will be sold through Fidelity Brokerage Services LLC on the NYSE, with an approximate sale date of 12/03/2025.

What representation does the seller make about NOTE in this Form 144?

By signing, the seller represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.