NOTE (NOTE) insider files Rule 144 to sell Class A stock
Rhea-AI Filing Summary
NOTE insider plans to sell Class A shares under Rule 144. A holder has filed to sell 1,716 Class A shares through Fidelity Brokerage Services, with an aggregate market value of $2,760.70, on the NYSE. The filing states that 15,018,986 Class A shares are outstanding. The shares to be sold were acquired on 01/02/2026 through restricted stock vesting from the issuer as compensation, with payment made on the same date.
The seller, identified as Timothy Hwang, has also sold Class A shares of the same issuer during the past three months. These prior sales include 7,695 shares on 11/07/2025 for gross proceeds of $19,960.83 and 5,590 shares on 12/03/2025 for gross proceeds of $10,695.90. The signer represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.
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FAQ
What does the NOTE Rule 144 filing disclose about planned share sales?
The filing discloses an intention to sell 1,716 Class A shares of the issuer through Fidelity Brokerage Services LLC, with an aggregate market value of $2,760.70, to be sold on or about 01/05/2026 on the NYSE.
How many NOTE Class A shares are outstanding according to this filing?
The document reports that there are 15,018,986 Class A shares outstanding at the time of the planned Rule 144 sale.
How were the NOTE shares in this Rule 144 notice acquired?
The 1,716 Class A shares to be sold were acquired on 01/02/2026 via restricted stock vesting from the issuer, recorded as compensation with payment on the same date.
Who is selling NOTE shares under this Rule 144 notice?
The seller identified in the notice is Timothy Hwang, who is the person for whose account the securities are to be sold.
What NOTE share sales has this person made in the last three months?
In the prior three months, the seller reported two Class A share sales: 7,695 shares on 11/07/2025 for gross proceeds of $19,960.83, and 5,590 shares on 12/03/2025 for gross proceeds of $10,695.90.
What representation does the seller make about NOTE in this Rule 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.
Is this NOTE Rule 144 sale connected to a trading plan?
The form explains that, if a written Rule 10b5-1 trading plan or trading instructions were adopted, the signature represents the same certification as of the plan adoption or instruction date; the excerpt does not list a specific plan date.