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OPLN (NASDAQ: OPLN) affiliate Tobin P. Richer files to sell 66,709 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

OPLN affiliate Tobin P. Richer filed a Form 144 reporting a proposed sale of 66,709 shares of Common Stock. The filing shows a proposed sale date of 05/06/2026 and an aggregate value of $2,386,498.52. The notice also lists multiple prior restricted stock vesting entries with specific dates and share counts.

Positive

  • None.

Negative

  • None.

Insights

Form 144 indicates an affiliate intends to sell reported shares under Section 144 notice requirements.

The filing lists a proposed sale of 66,709 shares with an aggregate amount of $2,386,498.52 and a proposed sale date of 05/06/2026. This is a routine disclosure that notifies the market of an affiliate resale.

Placement, execution method, and timing are not described in the excerpt; subsequent transaction filings will show execution details and any Rule 144 limitations or holding-period compliance.

Shares proposed for sale 66,709 shares proposed sale date 05/06/2026
Aggregate value reported $2,386,498.52 proposed sale date 05/06/2026
Brokerage location listed Fidelity Brokerage Services LLC 900 Salem Street, Smithfield, RI
Form type Form 144 notice of proposed sale by affiliate
Example vesting entry 1,361 shares Restricted Stock Vesting on 02/24/2020
Another vesting entry 1,483 shares Restricted Stock Vesting on 03/02/2021
Form 144 regulatory
"Filed notice of proposed sale of securities by an affiliate"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Vesting financial
"Entries listed with dates and share counts labeled as Compensation"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Aggregate value financial
"Aggregate dollar amount shown for securities to be sold"
Selling broker market
"Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI"

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the OPLN Form 144 filing show?

The filing shows an affiliate intends to sell 66,709 shares of Common Stock on 05/06/2026. It reports an aggregate value of $2,386,498.52 and lists prior restricted stock vesting entries with dates and share counts.

Who is the selling party in the OPLN Form 144?

The selling party is listed as Tobin P. Richer, with an address provided in Carmel, IN. The notice names Fidelity Brokerage Services LLC as the broker location for the securities to be sold.

Does the Form 144 confirm the sale has occurred for OPLN?

No, Form 144 is a notice of a proposed resale; it does not confirm execution. The filing states a proposed sale date of 05/06/2026; a subsequent post-sale filing would confirm whether the sale executed.

What vesting or compensation details are shown in the OPLN excerpt?

The excerpt lists multiple Restricted Stock Vesting entries with dates and share counts (for example, 1,361 shares on 02/24/2020). These entries appear labeled as compensation-related vesting events.

Where can I find execution details after this Form 144?

Execution details typically appear in subsequent SEC filings such as Form 4 if applicable or in transaction confirmations. This excerpt contains the proposed sale notice only, not post-sale execution records.