[144] Opera Ltd SEC Filing

Rhea-AI Filing Summary

Notice of proposed sale of securities: This Form 144 reports a proposed sale of 50,000 American Depositary Shares (ADS) of Opera Limited (symbol OPRA) on Nasdaq with an approximate sale date of 09/18/2025. The filer reports the ADS were acquired on 08/30/2025 from Opera Limited as equity compensation, with payment dated 08/30/2025. The filing lists an aggregate market value of $970,500 for the 50,000 ADS and shows 89,513,291 shares outstanding. The filing indicates no securities sold in the past three months and includes the standard signature representation that the seller is not aware of undisclosed material adverse information. Several filer contact and issuer identifying fields in the form are blank or not provided.

Positive

• Transaction disclosed with key details: quantity (50,000 ADS), acquisition date (08/30/2025), nature (equity compensation), aggregate market value ($970,500) and planned sale date (09/18/2025).
• No sales reported in prior three months, indicating this is not part of an ongoing recent selling pattern.

Negative

• Filer and issuer identifying/contact fields are blank or not provided, reducing traceability and transparency for verification.

Insights

Securities Analyst

TL;DR: Routine insider/compensation-related sale notice for 50,000 ADS valued at about $970.5k; no recent sales reported.

The filing documents a planned sale tied to equity compensation received on 08/30/2025 and scheduled for 09/18/2025. The disclosure gives investors quantity, acquisition date, nature of acquisition, counterparty (Opera Limited), aggregate market value and the issuer's outstanding share count, which enables basic impact sizing relative to the equity base. There are no reported sales in the prior three months, suggesting this is an initial disposition following grant/vesting rather than part of an ongoing liquidation program. Missing filer contact and some issuer identification fields reduce transparency for verification but do not change the substantive transaction details provided.

Corporate Governance Expert

TL;DR: The Form 144 is a standard compliance disclosure for an equity-compensation-related sale; it contains required sale and acquisition details.

The form affirms the seller's representation about lack of undisclosed material information and cites Rule 144 procedures. Reporting the nature of acquisition as equity compensation and naming the issuer as the source aligns with governance transparency expectations for insider or affiliate sales. However, the absence of complete filer contact/CIK details in the form fields could hinder traceability of the filing to a specific insider or affiliated person, limiting public scrutiny of insider trading patterns.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
ADS	Lake Street Capital Markets LLC 920 2nd Ave S Suite 700 Minneapolis MN 55402	50000	970500.00	89513291	09/18/2025	Nasdaq

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
ADS	08/30/2025	Equity Compensation	Opera Limited			50000	08/30/2025	N/A

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Opera Ltd's (OPRA) Form 144 report?

The filing reports a proposed sale of 50,000 ADS acquired as equity compensation on 08/30/2025, with an approximate sale date of 09/18/2025 on Nasdaq and an aggregate market value of $970,500.

How many Opera Ltd shares are outstanding according to the filing?

The form lists 89,513,291 shares outstanding for the issuer.

Were any securities sold by this person in the past three months?

The filing states Nothing to Report for securities sold during the past three months.

Who was the ADS acquired from and by what method?

The ADS were acquired from Opera Limited via equity compensation on 08/30/2025.

What representation does the signer make in this Form 144?

By signing, the person represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.