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Insider of PD plans Rule 144 sale of 266,667 common shares

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

Rhea-AI Filing Summary

A holder of the issuer’s common stock has filed a notice of proposed sale of 266,667 shares under Rule 144. The shares have an aggregate market value of $3,608,004.51 based on the figures provided, compared with 91,776,804 common shares outstanding for the issuer.

The planned sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE, with an approximate sale date of 12/30/2025. The shares to be sold include 20,012 common shares acquired as restricted stock units on 10/02/2024 from the issuer and 246,655 founder shares acquired on 04/28/2010, both fully paid with non-cash consideration labeled as N/A.

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 this Rule 144 filing for PD disclose?

It discloses that a holder of the issuer’s common stock intends to sell 266,667 shares under Rule 144, specifying the class of securities, broker, market value, and acquisition history of the shares.

How many PD shares are proposed to be sold and what is their market value?

The notice covers a proposed sale of 266,667 common shares with an aggregate market value of $3,608,004.51, based on the information in the filing.

How many common shares of the issuer are outstanding in this PD filing?

The filing states that there are 91,776,804 common shares of the issuer outstanding, providing a baseline figure relative to the 266,667 shares covered by the notice.

When were the PD shares to be sold originally acquired?

According to the filing, 20,012 common shares were acquired as restricted stock units from the issuer on 10/02/2024, and 246,655 common shares were acquired as founder shares from the issuer on 04/28/2010.

Which broker and exchange are involved in the planned PD share sale?

The proposed sale will be handled by Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, 8th Floor, New York, NY 10004, and the shares are listed for sale on the NYSE.

When is the PD Rule 144 sale expected to occur?

The notice lists an approximate sale date of 12/30/2025 for the 266,667 common shares covered by this Rule 144 filing.

Does this PD Rule 144 notice mean the sale has already taken place?

No. A Rule 144 notice like this one indicates an intention to sell a specified number of shares; it does not confirm that the sale has already occurred.
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