Insider share sale at PD (NYSE: PD) under Rule 144 plan filing details
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
The securities to be sold are described as founders shares acquired from the issuer on
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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
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
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
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.