STOCK TITAN

PROP (NASDAQ: PROP) Form 144 lists RSU sales including 80,527 shares

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

Rhea-AI Filing Summary

PROP filed a Form 144 notice indicating a proposed sale of Common Stock tied to multiple Restricted Stock Unit awards. The filing lists RSU-related lots of 4,286 (06/11/2024), 4,568 (07/25/2025), 12,500 (04/10/2026) and 80,527 (05/19/2026) as the securities to be sold.

Positive

  • None.

Negative

  • None.

Insights

Form 144 notifies the market of proposed affiliate sales tied to RSUs.

Form 144 is a notice required when an affiliate intends to sell restricted or control securities under Rule 144. The filing here lists four RSU lots with explicit grant/vesting dates: 06/11/2024, 07/25/2025, 04/10/2026, 05/19/2026.

Timing, sale mechanics, and whether sales will occur under Rule 144 volume limitations are not stated in the excerpt; subsequent transaction details will appear in disposition filings or broker reports if and when sales occur.

RSU lot 4,286 shares grant/vesting date <date>06/11/2024</date>
RSU lot 4,568 shares grant/vesting date <date>07/25/2025</date>
RSU lot 12,500 shares grant/vesting date <date>04/10/2026</date>
RSU lot 80,527 shares grant/vesting date <date>05/19/2026</date>
Form 144 regulatory
"Filer Information | 144: Filer Information"
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 Units financial
"Common Stock | 06/11/2024 | Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Common Stock financial
"144: Securities To Be Sold Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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 PROP's Form 144 disclose?

The Form 144 discloses proposed sales of Common Stock tied to RSUs on specific dates. It lists RSU lots of 4,286 (06/11/2024), 4,568 (07/25/2025), 12,500 (04/10/2026) and 80,527 (05/19/2026) as the securities to be sold.

Does the Form 144 show proceeds or sale price for PROP?

No, the provided excerpt does not state proceeds or sale prices. The notice lists the securities and RSU lots only; sale price, timing, and proceeds details are not included in the visible content.

Are these RSU amounts already sold according to the filing?

No, the filing lists proposed securities to be sold rather than completed sales. The excerpt identifies RSU-related lots and their dates but does not report completed transactions or settlement details.

Will these RSU sales be subject to Rule 144 limits?

Yes, affiliates filing a Form 144 generally sell under Rule 144 conditions when applicable. The excerpt does not state volume or holding-period compliance; applicable limitations depend on the seller's affiliate status and market rules.