PIPR (NYSE: PIPR) insider files Form 144 to sell 45,000 vested shares

Rhea-AI Filing Summary

PIPR presented a Form 144 notice proposing the sale of 45,000 shares of Common Stock that vested as restricted stock under a registered plan on 01/17/2025. The filing lists an associated dollar figure of $3,474,774.00 and a separate numeric entry 17,822,435 in the record.

Insights

Insider Transactions Analyst

Form 144 records a proposed disposal of restricted shares that vested on 01/17/2025.

The filing lists 45,000 shares described as "Restricted stock vesting under a registered plan" and includes the numeric amount $3,474,774.00 alongside 17,822,435 as another reported figure. The document names the issuer as the reporting party.

Cash‑flow treatment and whether sales are immediate or subject to broker placement are not detailed in the excerpt; subsequent trading or settlement details would appear in later transfer or broker reports.

Key Figures

Shares to be sold: 45,000 shares Dollar figure listed: $3,474,774.00 Numeric entry: 17,822,435

3 metrics

Shares to be sold 45,000 shares Securities To Be Sold; restricted stock vesting under a registered plan on <date>01/17/2025</date>

Dollar figure listed $3,474,774.00 Numeric amount appearing in the filing record

Numeric entry 17,822,435 Separate numeric field present in the filing record

Key Terms

Form 144, Restricted stock vesting, Registered plan

3 terms

Form 144 regulatory

"Securities To Be Sold section listing proposed sale notice"

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.

Restricted stock vesting financial

"Described as "Restricted stock vesting under a registered plan""

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

Registered plan regulatory

"Phrase appears with the vesting description for the 45,000 shares"

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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	45000	3474774.00	17822435	05/04/2026	NYSE

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	01/17/2025	Restricted stock vesting under a registered plan	Issuer			45000	01/17/2025	Not Applicable

* 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 PIPR's Form 144 disclose about the transaction?

It discloses a proposed sale of 45,000 shares of Common Stock that vested as restricted stock on 01/17/2025. The filing also lists $3,474,774.00 and the number 17,822,435 in its record.

Does PIPR receive proceeds from the sale listed in the Form 144?

The provided excerpt does not state who receives proceeds. It identifies the securities as "Issuer" restricted stock vesting under a registered plan but does not specify cash‑flow treatment or beneficiary of sale proceeds.

When did the restricted stock vest for the shares in the Form 144?

The restricted stock vesting date reported is 01/17/2025. The document describes the 45,000 shares as "Restricted stock vesting under a registered plan" tied to that vesting date.

How many shares does the Form 144 propose to sell for PIPR?

The notice shows a proposed sale quantity of 45,000 shares of Common Stock. That figure is listed under "Securities To Be Sold" and tied to the restricted stock vesting entry.