[144] ParaZero Technologies Ltd. SEC Filing
ParaZero Technologies Ltd. (PRZO) submitted a Form 144 notifying the proposed sale of 10,487 ordinary shares through Oppenheimer & Co. Inc. on Nasdaq, with an aggregate market value of $18,037.64. The shares were acquired as Restricted Stock Units on 03/27/2025 and the filing lists an approximate sale date of 09/22/2025. The filing states there were 12,817,092 shares outstanding at the time of the notice and reports no sales by the seller in the past three months. The filer affirms no undisclosed material adverse information and certifies the accuracy of the notice.
- Regulatory compliance: Form 144 filed providing required disclosure under Rule 144
- Transaction transparency: Filing specifies broker, acquisition method (RSUs), acquisition date, and proposed sale date
- None.
Insights
TL;DR: Routine insider sale filing for RSUs; transaction size appears modest relative to total shares outstanding.
The Form 144 documents a proposed sale of 10,487 ordinary shares acquired as Restricted Stock Units on 03/27/2025, to be executed through Oppenheimer & Co. Inc. The filing provides standard disclosures required under Rule 144, including the absence of any sales in the prior three months and a representation that no material nonpublic information exists. For investors, this is a compliance-focused disclosure rather than an operational update; the filing does not include financial performance data, changes in control, or material corporate events.
TL;DR: Governance process followed: officer/insider documents proposed sale and certifies public information status.
The notice reflects standard governance and securities-law compliance for dispositions of restricted equity. It identifies the broker, the acquisition method (RSUs), acquisition and payment dates, and the seller's certification about material information—elements that support transparent insider trading practices. The filing does not disclose any trading plan adoption date or 10b5-1 instruction, and it reports no recent sales by the holder, indicating this is an isolated planned disposition rather than part of a disclosed systematic plan.