Richard H. Sauer sells 15,000 shares under 10b5-1 (OUT)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Richard H. Sauer reported dispositions of Common Stock under Rule 10b5-1. The filing lists 20,000 shares of RSU/PSU as the securities to be sold and discloses three 10b5-1 sales of 5,000 shares each on 06/15/2026, 06/16/2026, and 06/17/2026.
Positive
- None.
Negative
- None.
Key Figures
Securities to be sold: 20,000 shares
Sale on 06/15/2026: 5,000 shares
Sale on 06/16/2026: 5,000 shares
+2 more
5 metrics
Securities to be sold
20,000 shares
RSU/PSU listed with grant date 02/20/2023
Sale on 06/15/2026
5,000 shares
10b5-1 sale, proceeds $156,770.50
Sale on 06/16/2026
5,000 shares
10b5-1 sale, proceeds $155,390.56
Sale on 06/17/2026
5,000 shares
10b5-1 sale, proceeds $156,775.00
Numeric header figure
176,063,510
Appears with date 06/18/2026 in filing header
Key Terms
RSU/PSU, 10b5-1, Form 144
3 terms
RSU/PSU financial
"RSU/PSU | Issuer | 20000 | 02/20/2023"
10b5-1 regulatory
"10b5-1 Sales for RICHARD H. SAUER ... COMMON | 06/17/2026 | 5000"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
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.
FAQ
What did OUT's Form 144 disclose about Richard H. Sauer's sales?
The Form 144 discloses three Rule 10b5-1 sales of 5,000 shares each on 06/15/2026, 06/16/2026, and 06/17/2026. It also lists 20,000 RSU/PSU as the securities to be sold.
What proceeds are reported from the disclosed 10b5-1 sales in the OUT filing?
The filing reports proceeds for each sale: $156,770.50 on 06/15/2026, $155,390.56 on 06/16/2026, and $156,775.00 on 06/17/2026. These amounts are shown alongside each 5,000-share sale.