RSU resale planned for OUT (NYSE: OUT) — 10,894 and 377 shares listed
Rhea-AI Filing Summary
OUT submitted a Form 144 reporting intended resale of Common Stock acquired as compensation in the form of RSUs. The filing lists two lots: 377 shares acquired 06/11/2019 and 10,894 shares acquired 06/08/2021, each indicated with a sale date of 03/23/2026.
The shares are described as Acquired as compensation - RSU and the broker shown is Raymond James & Associates. The filing records NYSE and identifies the transactions as resale of previously issued compensation shares.
Positive
- None.
Negative
- None.
Insights
Form 144 notifies the market of intended resale of RSU-derived common shares.
Form 144 is a notice required when an affiliate intends to sell restricted or control securities; it does not itself effect a sale. The filing lists two RSU lots totaling the listed share counts with a broker named.
Timing and actual execution depend on whether resale conditions and Rule 144 holding/volume limitations are met; subsequent trade reports will show completed transactions.
Reported resale involves vested RSU lots from 2019 and 2021, typical compensation liquidity.
The filing specifically labels both lots as "Acquired as compensation - RSU," showing vest/issuance dates of 06/11/2019 and 06/08/2021 and intended sale date 03/23/2026. This suggests routine post-vesting disposition rather than new issuance.
Cash‑flow treatment and total proceeds are not stated in the excerpt; subsequent trade filings will clarify execution and net proceeds.
FAQ
What does OUT's Form 144 report?
Are the shares being sold newly issued or from compensation?
Who is listed to handle the resale in the Form 144?
Does Form 144 itself complete the sale of shares?
What dates are tied to the reported RSU lots?