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Insider share sale at PD (NYSE: PD) under Rule 144 plan filing details

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

An insider has filed a notice of intent to sell 533,333 common shares of the issuer through Morgan Stanley Smith Barney LLC, with an aggregate market value of 6,367,996.02. These shares are listed on the NYSE, and the filing notes that 91,776,804 shares of the same class are outstanding.

The securities to be sold are described as founders shares acquired from the issuer on 05/28/2010. The notice also reports that, in the past three months, there were Rule 10b5-1 sales for Dan Alexandru Solomon of 266,667 common shares on 12/30/2025, generating gross proceeds of 3,561,257.78. By signing, the seller represents they are not aware of any undisclosed material adverse information about the issuer.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the Form 144 filing for PD disclose about planned share sales?

The Form 144 notice discloses an intent to sell 533,333 common shares of the issuer, with an aggregate market value of 6,367,996.02. The sale is to be executed through Morgan Stanley Smith Barney LLC, and the shares are listed on the NYSE.

How many PD shares are currently outstanding according to this Form 144?

The filing states that there are 91,776,804 common shares outstanding for the issuer at the time of the notice. This figure provides context for the planned sale of 533,333 shares.

When and how were the PD shares being sold on Form 144 originally acquired?

The shares identified for sale are described as founders shares of common stock. They were acquired from the issuer on 05/28/2010, with 533,333 securities acquired on that date and the nature of payment listed as N/A.

What recent sales related to PD are reported over the last three months?

The notice reports 10b5-1 sales for Dan Alexandru Solomon of 266,667 common shares on 12/30/2025, with gross proceeds of 3,561,257.78. These past sales are separate from the 533,333 shares proposed to be sold.

What representation does the seller make in this PD Form 144 notice?

By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer's current or prospective operations that has not been publicly disclosed. For Rule 10b5-1 plans, this representation applies as of the plan adoption or instruction date.

Which broker is handling the planned PD share sale under this Form 144?

The planned sale of 533,333 common shares is to be carried out through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

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