Insiders file Form 144: NRDS (NRDS) sellers disclose multiple share dispositions

Rhea-AI Filing Summary

NRDS files a Form 144 disclosing proposed sales of Class A Common and Common shares by affiliated holders. The notice lists multiple transactions and sale dates, including a 150,000 shares entry dated 05/22/2026 and several March–June 2026 dispositions.

The filing enumerates seller names and per‑transaction share counts with corresponding proceeds; it functions as the required notice under Rule 144 for planned secondary sales by the listed parties.

Insights

Securities Attorney

Legal notice of proposed resale activity by affiliated holders under Form 144.

The filing lists multiple sellers and explicit sale entries (share counts and proceeds) dated between 03/12/2026 and 06/01/2026. This serves as the statutory notice required prior to certain resale transactions under applicable resale rules.

Timing and completion of these sales are driven by holder decisions and market execution; subsequent filings will show executed transactions and any Rule 144 eligibility statements.

Capital Markets Analyst

Multiple modest dispositions by related holders, visible across spring 2026 dates.

The excerpt lists specific sales such as 150,000 shares on 05/22/2026 and other entries in March, May, and June 2026 with stated proceeds. These are disclosed as planned or reported sales rather than issuer primary issuance.

Market impact will depend on execution size and timing; the filing itself is administrative notice of resale activity rather than an operational or financing event.

Key Figures

Form type: 144 Largest listed sale in excerpt: 150,000 shares Notable sale: 71,193 shares +2 more

5 metrics

Form type 144 Notice of proposed resale transactions

Largest listed sale in excerpt 150,000 shares 05/22/2026 entry with proceeds $1,249,365.00

Notable sale 71,193 shares 05/26/2026 entry with proceeds $587,961.63

Example March dispositions 24,278 shares 03/17/2026 entry by BEARMAN TRUST with proceeds $250,867.00

June entries listed 35,062 shares 06/01/2026 entry by BEARMAN LLC with proceeds $306,985.34

Key Terms

Form 144, Class A Common, Merger/Acquisition, Proposed resale

4 terms

Form 144 regulatory

"144: Securities Sold During The Past 3 Months"

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.

Class A Common financial

"Class A Common | 07/11/2022 | Merger/Acquisition"

Merger/Acquisition other

"Class A Common | 07/11/2022 | Merger/Acquisition | Issuer"

Proposed resale regulatory

"144: Securities To Be Sold"

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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 Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	300	2625.00	34113131	06/02/2026	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 *
Class A Common	07/11/2022	Merger/Acquisition	Issuer			300	07/11/2022	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
BEARMAN LLC 19 S. B Street Suite 9 San Mateo CA 94401	Common	06/01/2026	35062	306985.34
THE SMB CHARITABLE REMAINDER TRUST 19 S. B Street Suite 9 San Mateo CA 94401	Common	06/01/2026	17314	151582.34
THE MARGARET YOUNT CRT 19 S. B Street Suite 9 San Mateo CA 94401	Common	06/01/2026	15728	137730.10
BEARMAN LLC 19 S. B Street Suite 9 San Mateo CA 94401	Common	05/26/2026	71193	587961.63
YOUNT FAMILY REV TRUST 19 S. B Street Suite 9 San Mateo CA 94401	Common	05/26/2026	78807	650748.80
YOUNT FAMILY REV TRUST 19 S. B Street Suite 9 San Mateo CA 94401	Common	05/22/2026	150000	1249365.00
THE MARGARET YOUNT CRT 19 S. B Street Suite 9 San Mateo CA 94401	Class A Common	03/17/2026	6154	63128.35
YOUNT FAMILY REV TRUST 19 S. B Street Suite 9 San Mateo CA 94401	Class A Common	03/17/2026	35402	365748.68
THE SMB CHARITABLE REMAINDER TRUST 19 S. B Street Suite 9 San Mateo CA 94401	Class A Common	03/17/2026	6154	63160.96
BEARMAN TRUST 19 S. B Street Suite 9 San Mateo CA 94401	Class A Common	03/17/2026	24278	250867.00
BEARMAN TRUST 19 S. B Street Suite 9 San Mateo CA 94401	Class A Common	03/12/2026	2800	29708.00
YOUNT FAMILY REV TRUST 19 S. B Street Suite 9 San Mateo CA 94401	Class A Common	03/12/2026	211	2236.60

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 NRDS Form 144 disclose about insider sales?

The Form 144 discloses proposed sales of Class A Common and Common shares by affiliated holders. It lists multiple sale entries with share counts and proceeds dated between 03/12/2026 and 06/01/2026, including a 150,000 shares entry on 05/22/2026.

Who are some sellers named in the NRDS Form 144?

Named sellers include entities such as BEARMAN LLC, YOUNT FAMILY REV TRUST, and THE SMB CHARITABLE REMAINDER TRUST. The filing pairs each seller with specific share counts and dates for the disclosed transactions.

Do these Form 144 entries indicate NRDS is issuing new shares?

No. The entries report proposed resale transactions by holders, not an issuance by the company. The listed rows show seller names, share counts, dates, and proceeds for secondary sales by those holders.

What are the largest single-sale entries shown in the excerpt?

The excerpt shows a 150,000 shares entry on 05/22/2026 with proceeds of $1,249,365.00 and a 71,193 shares entry on 05/26/2026 with proceeds of $587,961.63. These are examples from the listed transactions.

Will Form 144 filings always mean the sales occur?

Form 144 is a statutory notice of intent to sell and does not guarantee execution. Completion and timing depend on holder decisions and market conditions; executed sales would typically appear in subsequent transaction reports or confirmations.