NSP insider files Form 144 to sell 10,850 vested shares worth $563.9K
Rhea-AI Filing Summary
Insperity, Inc. (NSP) submitted a Form 144 proposing the sale of 10,850 common shares held at Fidelity Brokerage Services. The shares were acquired by the selling person on 02/28/2024 through restricted stock vesting and were paid as compensation. The filing reports an aggregate market value of $563,938.63 and lists 37,673,681 shares outstanding. The sale is scheduled approximately for 09/17/2025 on the NYSE. The filer indicates no sales by the same person in the past three months and includes the standard attestation that the seller is not aware of undisclosed material adverse information.
Positive
- None.
Negative
- Proposed insider sale: Filing discloses an intended sale of 10,850 shares valued at $563,938.63 (planned date 09/17/2025).
Insights
TL;DR: Routine Form 144 filing for vested restricted stock; proposed sale quantity and value disclosed, no recent prior sales reported.
The filing documents a planned sale of 10,850 common shares acquired via restricted stock vesting on 02/28/2024, with an aggregate market value of $563,938.63. This is a standard Section 144 notice required for proposed sales by an affiliate; it does not itself confirm that a sale has occurred, only the intent to sell around 09/17/2025. The seller attests there is no undisclosed material adverse information. For investors, this is a disclosure of insider selling activity and the vesting-to-sale timeline, but the filing contains no additional operational or financial detail about the issuer.
TL;DR: Internal compensation converted to liquid shares with a notice of proposed sale; disclosure aligns with Rule 144 requirements.
The record shows the securities were acquired as compensation through restricted stock vesting and the filer provided the required Rule 144 notice specifying broker, share count, and planned sale date. The filing includes the standard certification language regarding material information and indicates no aggregated sales in the past three months. This document is procedural and consistent with proper insider reporting practices; it does not disclose governance changes or material corporate events.