ONTF shareholder plans Rule 144 sale of common stock
Rhea-AI Filing Summary
An affiliate of ONTF has filed a Form 144 notice to sell up to 32,211 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an indicated aggregate market value of $175,227.84. The notice states that 42,282,395 shares of this class were outstanding. These shares were acquired on 11/24/2025 by exercising stock options for cash.
The seller, identified as Sharat Sharan, also reports several recent sales of ONTF common stock during the prior three months, including 32,093 shares on 10/16/2025 for gross proceeds of $174,929.32, and additional blocks of 20,873, 29,457, and 32,159 shares on earlier dates. Some of these trades are designated as Rule 10b5-1 sales under a pre-arranged trading plan.
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FAQ
Who is the selling security holder in the ONTF Form 144 filing?
The filing identifies the selling security holder as Sharat Sharan, with a listed address at 301 Howard Street, Suite 1100, San Francisco, CA 94105.
What representation does the ONTF Form 144 filer make about inside information?
By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.