Michael Beer intends to sell 65,000 shares (NRGV) — restricted vesting noted

Rhea-AI Filing Summary

Michael Beer reports proposed sale of 65,000 shares of Common Stock. The filing lists a proposed sale of $206,700 reported with a trade date of 04/06/2026. The form also lists transfers/issuances tied to restricted stock vesting on 07/17/2025 (8,081 shares) and 10/09/2025 (6,919 shares), plus a 07/06/2026 stock option exercise for 50,000 shares.

Insights

Compliance Analyst

Routine Form 144 notice: proposed resale of restricted and exercised shares.

The filing documents a proposed resale of $206,700 tied to 65,000 shares with a reported date of 04/06/2026. It also lists compensation vesting events and an option exercise schedule that explain sources of shares.

Timing and execution details for the resale are not included beyond the reported dates; subsequent transaction filings will confirm actual sales.

Key Figures

Proposed sale: 65,000 shares Reported value (Michael Beer line): $206,700 Broker-dealer line amount: $265,200 +3 more

6 metrics

Proposed sale 65,000 shares reported trade date <date>04/06/2026</date>

Reported value (Michael Beer line) $206,700 reported with the 65,000-share entry dated <date>04/06/2026</date>

Broker-dealer line amount $265,200 associated with Fidelity Brokerage Services LLC entry in the filing

Restricted stock vesting (1) 8,081 shares vesting date <date>07/17/2025</date>

Restricted stock vesting (2) 6,919 shares vesting date <date>10/09/2025</date>

Stock option exercise 50,000 shares exercise date <date>07/06/2026</date>

Key Terms

Form 144, Restricted Stock Vesting, Stock Option Exercise

3 terms

Form 144 regulatory

"Filing header and transaction rows showing proposed resale and dates"

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.

Restricted Stock Vesting financial

"Rows listing "Restricted Stock Vesting" with specific dates and share counts"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

Stock Option Exercise financial

"Row showing "Stock Option Exercise" with <date>07/06/2026</date> and 50,000 shares"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

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Available on EDGAR 07/06/2026 - 09:42 AM Accepted by SEC EDGAR 07/06/2026 - 09:42 AM Learn about SEC filing dates

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	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	65000	265200.00	178246198	07/06/2026	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	07/17/2025	Restricted Stock Vesting	Issuer			8081	07/17/2025	Compensation
Common	10/09/2025	Restricted Stock Vesting	Issuer			6919	10/09/2025	Compensation
Common	07/06/2026	Stock Option Exercise	Issuer			50000	07/06/2026	Cash

* 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
Michael Beer 4165 East Thousand Oaks Blvd. Suite 100 Westlake Village CA 91362	Common	04/06/2026	65000	206700.00

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

What transaction does NRGV Form 144 for Michael Beer report?

It reports a proposed sale of 65,000 shares with a reported value of $206,700 and a trade date of 04/06/2026. The filing is a notice of intent to sell, not proof of completed sale.

Does the Form 144 show how the shares were obtained (NRGV)?

Yes. The filing lists restricted stock vesting of 8,081 and 6,919 shares on 07/17/2025 and 10/09/2025, and a 50,000 share stock option exercise on 07/06/2026, indicating sources of shares.

Who is the broker-dealer listed on the NRGV Form 144?

The filing lists Fidelity Brokerage Services LLC at the Smithfield, RI address as the broker-dealer associated with the transaction reporting, with 65,000 shares and $265,200 shown in one broker line.

Is the Form 144 a confirmation that the shares were sold for NRGV?

No. Form 144 is a notice of a proposed sale under the securities rules. It indicates intent and reported trade dates but does not itself confirm completion of the sale or the final execution details.