Proposed 80,000-share restricted sale; NVTS (NASDAQ: NVTS) showing insider disposals

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 reporting a proposed sale of 80,000 restricted shares of Common Stock with a proposed sale date of 09/20/2025. The filing also lists prior sales by Todd Glickman: 98,152 shares sold on 03/16/2026 for $1,058,078.56 and 12,532 shares sold on 02/26/2026 for $123,063.46.

Insights

Securities Compliance Counsel

Form 144 records a proposed sale of restricted stock and prior sales by an individual.

The filing lists a proposed sale of 80,000 restricted Common shares with a proposed sale date of 09/20/2025. It also documents prior dispositions by Todd Glickman on 03/16/2026 and 02/26/2026, with proceeds shown.

Regulatory observers will note this is a notice of intent to sell under Section 144; timing, execution method, and whether the sales comply with any Rule 144 conditions are not specified in the excerpt.

Equity Capital Markets Analyst

Planned sale size and recent insider dispositions are factual; market impact depends on execution.

The filing quantifies a 80,000-share proposed resale and prior sales totaling 110,684 shares across two transactions by Todd Glickman, with aggregated proceeds reflected in the excerpt. The filing does not state how the proposed shares will be sold.

Whether this creates selling pressure depends on actual sale timing and method; subsequent filings will show execution details and any Rule 144 compliance statements.

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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	80000	792848.00	230792765	03/17/2026	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	09/20/2025	Restricted Stock	Issuer			80000	09/20/2025	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
TODD GLICKMAN 3520 Challenger Street Torrance CA 90503-1640	Common	03/16/2026	98152	1058078.56
TODD GLICKMAN 3520 Challenger Street Torrance CA 90503-1640	Common	02/26/2026	12532	123063.46

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 NVTS Form 144 report?

It reports a proposed sale of 80,000 restricted Common shares by Morgan Stanley Smith Barney LLC for NVTS. The form also lists prior sales by Todd Glickman on 03/16/2026 and 02/26/2026 with proceeds.

Who sold shares recently according to the filing?

The filing lists transactions by Todd Glickman: 98,152 shares sold on 03/16/2026 for $1,058,078.56 and 12,532 shares sold on 02/26/2026 for $123,063.46. These figures appear in the excerpt.

When is the proposed sale date for the 80,000 shares?

The proposed sale date shown for the 80,000 restricted Common shares is 09/20/2025. The excerpt labels the shares as "Restricted Stock" with that date.

Does the Form 144 show how the shares will be sold?

No; the excerpt lists the proposed quantity and dates but does not specify the sale method or execution details. The filing does not state brokerage method or timing beyond the proposed date.

Are the proceeds from prior sales disclosed?

Yes; the excerpt shows proceeds for two prior sales: $1,058,078.56 for 98,152 shares and $123,063.46 for 12,532 shares. Those amounts are presented next to each transaction.