Insider Ron Stern plans Rule 144 sale of ONDS (NASDAQ: ONDS) stock
Rhea-AI Filing Summary
ONDS shareholder Ron Stern has filed a Form 144 notice to sell common stock. The filing covers 300,000 shares of common stock to be sold through Morgan Stanley Smith Barney LLC, with an aggregate market value of $4,263,000, against 368,459,664 common shares outstanding. The planned sale date is listed as January 8, 2026 on the NASDAQ.
The 300,000 shares are shown as acquired on January 8, 2026 through a stock option exercise, paid in cash. The notice also reports that over the prior three months, Ron Stern sold additional blocks of common shares on multiple dates, including 850,000 shares on November 26, 2025, 750,000 shares on December 19, 2025, and 400,000 shares on December 31, 2025, along with several smaller January 2026 sales, with gross proceeds disclosed for each transaction.
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FAQ
What does the ONDS Form 144 filing by Ron Stern disclose?
The filing shows that Ron Stern has given notice of a planned sale under Rule 144 of 300,000 shares of ONDS common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $4,263,000, to be sold on or about January 8, 2026 on the NASDAQ.
How many ONDS shares are outstanding according to this Form 144?
The Form 144 states that there are 368,459,664 shares of ONDS common stock outstanding.
How did Ron Stern acquire the ONDS shares to be sold under this Form 144?
The 300,000 ONDS common shares covered by the notice are listed as acquired on January 8, 2026 through a stock option exercise from the issuer, with the payment described as cash.
Which broker is handling the planned ONDS Rule 144 sale for Ron Stern?
The broker listed for the planned sale is Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.
What ONDS share sales has Ron Stern reported over the past three months?
The notice lists multiple ONDS common stock sales by Ron Stern over the prior three months, including 850,000 shares on November 26, 2025, 750,000 shares on December 19, 2025, and 400,000 shares on December 31, 2025, along with additional sales of 176,944 and 100,000-share blocks in early January 2026, each with associated gross proceeds.
What representation does the seller make in the ONDS Form 144 notice?
The person for whose account the ONDS securities are to be sold represents by signing that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, and similar representations apply if a Rule 10b5-1 trading plan or instructions have been adopted.