QS insider Form 144 notes 30,000-share plan on 10/27/2025
Rhea-AI Filing Summary
QS filed a Form 144 indicating a proposed sale of 30,000 shares of Class A Common stock through Morgan Stanley Smith Barney LLC on 10/27/2025 on the NYSE. The filing lists an aggregate market value of $511,509.00 for the planned sale.
The seller previously sold 30,000 common shares on 10/24/2025 for gross proceeds of $498,306.00. Shares outstanding were 562,404,592. The securities to be sold include shares acquired via restricted stock vesting under a registered plan on 08/15/2024 (17,233 shares) and 02/18/2025 (12,767 shares).
Positive
- None.
Negative
- None.
Insights
Administrative notice of potential affiliate sales; neutral impact.
A Form 144 is a notice of intent to sell restricted or control securities under Rule 144. Here, a holder plans to sell 30,000 Class A Common shares with an aggregate market value of $511,509.00, and previously sold 30,000 shares for $498,306.00.
The shares derive from restricted stock vesting on 08/15/2024 (17,233) and 02/18/2025 (12,767). The filing lists 562,404,592 shares outstanding, providing scale but not altering the notice’s administrative nature. Actual sale activity depends on market conditions and holder decisions.
Key details include the planned sale date of 10/27/2025 and NYSE as the venue via Morgan Stanley Smith Barney LLC. Subsequent filings would reflect executed transactions and volumes, if any.
FAQ
What does QS’s Form 144 disclose?
How many QS shares are outstanding according to the notice?
What prior QS share sales are reported in the past 3 months?
What is the source of the QS shares to be sold?
Which broker and exchange are listed for the planned QS sale?
Does the Form 144 guarantee that QS shares will be sold?