ONTF (ONTF) insider files to sell 16,000 common shares via Form 144
Rhea-AI Filing Summary
An affiliate of ONTF has filed a Form 144 notice covering a planned sale of 16,000 shares of common stock. The shares are to be sold through Morgan Stanley Smith Barney LLC on or about 12/30/2025 on the NYSE, with an indicated aggregate market value of $93,760. The shares were acquired the same day through a cash exercise of stock options.
The notice also lists prior sales by James Blackie over the past three months. These include 22,550 common shares sold on 12/01/2025 for gross proceeds of $128,068.60 and 4,659 common shares sold on 11/20/2025 for gross proceeds of $24,682.45. The filing includes a representation that the seller does not know of undisclosed material adverse information about the issuer.
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FAQ
What insider transaction is disclosed for ONTF in this Form 144?
The notice discloses that 16,000 shares of ONTF common stock are planned to be sold. The shares are to be sold through Morgan Stanley Smith Barney LLC on or about 12/30/2025 on the NYSE, with an indicated aggregate market value of $93,760.
How were the 16,000 ONTF shares being sold acquired?
The 16,000 common shares covered by the notice were acquired on 12/30/2025 via an exercise of stock options from the issuer, with the nature of payment described as cash.
Who is the seller named in the ONTF Form 144 filing?
The seller identified in the recent activity is James Blackie, whose address is listed as 301 Howard Street, Suite 1100, San Francisco, CA 94105. He is shown as the seller of ONTF common shares in the past three months.
What prior ONTF share sales by the filer are reported in the past 3 months?
The filing reports that James Blackie sold 22,550 common shares on 12/01/2025 for gross proceeds of $128,068.60, and 4,659 common shares on 11/20/2025 for gross proceeds of $24,682.45.
How many ONTF shares are shown as outstanding in this Form 144 notice?
The securities information section lists 42,282,395 shares as the number of shares or other units outstanding for the ONTF common stock class referenced in the notice.
What representation does the ONTF seller 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 current and prospective operations of the issuer that has not been publicly disclosed.