Insider of PD plans Rule 144 sale of 266,667 common shares
Filing Impact
Filing Sentiment
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.
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.
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.