Insider at ONTF (ONTF) files Rule 144 to sell 80,000 shares
Rhea-AI Filing Summary
A holder of ONTF common stock has filed a notice under Rule 144 to sell 80,000 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE. The filing lists an aggregate market value of $468,800 for these shares and notes that there were 42,282,395 shares outstanding of the same class. The shares to be sold were acquired on 12/01/2025 as restricted stock units from the issuer.
The notice also discloses recent selling activity for Steven Vattuone, including several sales of ONTF common stock over the prior three months under Rule 10b5-1 trading arrangements, with individual transactions such as 7,010 shares sold on 12/09/2025 and 13,510 shares sold on 12/01/2025. By signing, the seller represents that they are not aware of undisclosed material adverse information about the issuer’s operations.
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FAQ
How many ONTF shares are planned to be sold under this Rule 144 notice?
The filer plans to sell 80,000 shares of ONTF common stock under this Rule 144 notice.
What is the aggregate market value of the ONTF shares to be sold?
The filing reports an aggregate market value of $468,800 for the 80,000 ONTF common shares to be sold.
Which broker is handling the planned ONTF share sale?
The planned sale of ONTF common stock will be executed through Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, 8th Floor, New York, NY 10004.
When and how were the ONTF shares to be sold originally acquired?
The 80,000 ONTF common shares to be sold were acquired on 12/01/2025 as restricted stock units from the issuer.
What recent ONTF stock sales by the filer are disclosed in the past 3 months?
The filing lists multiple ONTF common stock sales for Steven Vattuone in the past three months, including 7,010 shares sold on 12/09/2025 for gross proceeds of $42,327.08 and 9,453 shares sold on 12/03/2025 for $55,105.32, along with several other transactions in November and December 2025.
How many ONTF shares of this class are outstanding according to the filing?
The filing states that there are 42,282,395 shares of this class of ONTF common stock outstanding.