NTRA insider (NASDAQ: NTRA) plans 85,299-share sale under Form 144

Rhea-AI Filing Summary

An insider associated with ticker NTRA has filed a Form 144 indicating an intent to sell up to 85,299 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $19,679,798.82 on the NASDAQ. The notice shows these shares were acquired as restricted stock and performance shares from the issuer in 2022 and 2026. It also lists multiple prior sales of common shares over the past three months by Steven L. Chapman, each with specified dates, share amounts, and gross proceeds, as required under Rule 144 disclosure rules.

Insights

Equity capital markets and insider-transactions analyst

Form 144 discloses a sizable planned insider share sale and recent selling activity, but it is a procedural disclosure, not a completed trade.

The filing shows an insider linked to NTRA has filed to potentially sell up to 85,299 common shares via Morgan Stanley Smith Barney LLC, with an indicated market value of $19,679,798.82. The shares were acquired from the issuer as restricted stock in 2022 and performance shares in 2026, which is typical for executive compensation.

The document also lists recent Rule 144 sales by Steven L. Chapman, including transactions such as 160,703 common shares sold on 11/03/2025 for gross proceeds of $32,133,982.89. These entries detail past activity rather than new authorizations, and actual future sales under this notice will depend on market conditions and the insider’s execution decisions.

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

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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	85299	19679798.82	138014465	02/02/2026	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 *
Common	01/21/2022	Restricted Stock	ISSUER			4513	01/21/2022	Not Applicable
Common	01/14/2026	Performance Shares	ISSUER			80786	01/14/2026	Not Applicable

* 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
STEVEN L CHAPMAN 13011 McCallen Pass Building A Suite 100 Austin TX 78753	Common	12/01/2025	4400	1047501.40
STEVEN L CHAPMAN 13011 McCallen Pass Building A Suite 100 Austin TX 78753	Common	11/03/2025	160703	32133982.89
STEVEN L CHAPMAN 13011 McCallen Pass Building A Suite 100 Austin TX 78753	COMMON	01/28/2026	3648	866992.44
STEVEN L CHAPMAN 13011 McCallen Pass Building A Suite 100 Austin TX 78753	COMMON	01/27/2026	2322	558513.68
STEVEN L CHAPMAN 13011 McCallen Pass Building A Suite 100 Austin TX 78753	COMMON	01/21/2026	1590	373650.00
STEVEN L CHAPMAN 13011 McCallen Pass Building A Suite 100 Austin TX 78753	COMMON	01/20/2026	71932	16885202.59
STEVEN L CHAPMAN 13011 McCallen Pass Building A Suite 100 Austin TX 78753	Common	01/02/2026	3848	881481.75

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 does the NTRA Form 144 filing by Steven L. Chapman disclose?

The Form 144 discloses an insider’s intent to sell up to 85,299 NTRA common shares through Morgan Stanley Smith Barney LLC. It also reports how these shares were acquired and lists several prior three-month sales with dates, share counts, and gross proceeds.

How many NTRA shares are planned for sale under this Form 144?

The filing states a planned sale of up to 85,299 common shares of NTRA, with an aggregate market value of $19,679,798.82. This represents the maximum amount covered by this specific notice under Rule 144 resale requirements.

Which broker and exchange are involved in the NTRA Form 144 sale?

The planned Rule 144 sale uses Morgan Stanley Smith Barney LLC as broker, under its Executive Financial Services group. The common shares covered by the notice are listed for trading on the NASDAQ exchange, as indicated in the filing table.

How were the NTRA shares in this Form 144 originally acquired?

The shares were acquired directly from the issuer as restricted stock on 01/21/2022 and as performance shares on 01/14/2026. Both tranches are described as having “Not Applicable” for cash payment terms, consistent with equity compensation grants.

What recent NTRA share sales by Steven L. Chapman are reported?

The notice lists several sales, including 160,703 common shares on 11/03/2025 for $32,133,982.89 and 71,932 shares on 01/20/2026 for $16,885,202.59. Additional smaller sales across late 2025 and early 2026 are detailed with dates and gross proceeds.

What representation does the insider make in signing this NTRA Form 144?

By signing, the insider represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed. The form also warns that intentional misstatements or omissions are federal criminal violations.