PANL (NASDAQ: PANL) insider sale notice — 100,000 shares listed

Rhea-AI Filing Summary

PANL reports a proposed sale of 100,000 shares of Common Stock via a Form 144. The filing lists the securities as held at Charles Schwab and indicates the method as open market transactions. The filing shows 841,000 shares (beneficial holdings) and 65,414,923 shares outstanding as of 05/15/2026.

Insights

Securities Compliance Analyst

Routine Form 144 filing listing an open‑market sale of 100,000 shares.

The filing records a proposed sale of 100,000 shares of Common Stock via open market purchase/sale mechanisms, with the position held at Charles Schwab. It identifies beneficial holdings of 841,000 shares and total shares outstanding of 65,414,923 as of 05/15/2026.

Timing and planned sale proceeds are not stated in the excerpt; cash‑flow treatment and whether the sale is under a trading plan are not specified in the provided text. Subsequent SEC submissions or broker communications would clarify execution timing and actual dispositions.

Key Figures

Proposed sale: 100,000 shares Beneficial holdings: 841,000 shares Shares outstanding: 65,414,923 shares +1 more

4 metrics

Proposed sale 100,000 shares Securities To Be Sold (Form 144)

Beneficial holdings 841,000 shares Reported holdings alongside proposed sale

Shares outstanding 65,414,923 shares Outstanding as of 05/15/2026

Brokerage location Charles Schwab (account) Account listed for the securities

Key Terms

Form 144, open market, beneficial holdings, shares outstanding

4 terms

Form 144 regulatory

"Securities To Be Sold — Common stock; Form 144 listing"

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.

open market market

"Method listed as Open market purchase / Open market"

An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.

beneficial holdings financial

"Fields showing 841,000 as beneficial holdings next to proposed sale"

shares outstanding financial

"Field showing 65,414,923 as shares outstanding as of 05/15/2026"

Shares outstanding are the total number of a company’s stock units held by all shareholders, including institutional investors and company insiders — think of them as the total number of slices of the company’s ownership pie. Investors use this number to calculate how much of the company each share represents, and it directly affects per-share measures like earnings per share, ownership percentage and valuation; when the slice count changes, an investor’s claim and the company’s per-share metrics change too.

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

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
Common stock	Charles Schwab 60 E 42nd Street Ground Floor New York NY 10165	100000	841000	65414923	05/15/2026	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 *
Common stock	07/17/2014	Open market	Open market purchase			100000	07/17/2014	Cash purchase and director compensation; no cash consideration for grants.

* 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 PANL's Form 144 filing mean?

It notifies the SEC of a proposed sale of 100,000 shares of Common Stock. The filing lists the sale method as open market and gives holder and outstanding share figures for transparency.

How many PANL shares does the reporting holder own?

The filing shows the reporting holder beneficially owns 841,000 shares. This figure appears alongside the proposed 100,000‑share sale and is presented as a holdings metric in the excerpt.

How large is PANL's share base per the Form 144?

Shares outstanding are listed as 65,414,923 shares as of 05/15/2026. That figure appears in the filing excerpt and provides a company‑level context for the proposed sale size.

Does the Form 144 specify sale timing or proceeds for PANL?

The provided excerpt does not state sale timing or proceeds. The filing shows the method as open market, but details on execution dates or cash consideration are not included in the text provided.

What sale method is listed in PANL's Form 144?

The method is listed as open market purchase/sale. The excerpt also notes the securities were acquired via cash purchase and director compensation for grants, per the remarks shown.