Richard H. Sauer sells 15,000 shares under 10b5-1 (OUT)
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.