Brokered 10b5-1 sales listed for RAPP (NASDAQ: RAPP)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC reported Form 144 notice of proposed sales of Common stock for an identified holder under 10b5-1 plans. The excerpt lists multiple sale dates and share amounts, including 10,200 shares on 04/14/2026 and 9,165 shares on 04/13/2026. These are routine brokered dispositions under pre-arranged plans.

Key Figures

Sale on 04/14/2026: 10,200 shares Sale on 04/13/2026: 9,165 shares Sale on 04/10/2026: 500 shares +2 more

5 metrics

Sale on 04/14/2026 10,200 shares 10b5-1 sale by KRISHNASWAMY reported with proceeds $357,796.62

Sale on 04/13/2026 9,165 shares 10b5-1 sale by KRISHNASWAMY reported with proceeds $320,536.71

Sale on 04/10/2026 500 shares 10b5-1 sale by KRISHNASWAMY reported with proceeds $17,490.00

Sale on 04/08/2026 360 shares 10b5-1 sale by KRISHNASWAMY reported with proceeds $12,564.00

Sale on 03/25/2026 10,115 shares 10b5-1 sale by KRISHNASWAMY reported with proceeds $303,354.24

Key Terms

10b5-1, Form 144, Founders Shares

3 terms

10b5-1 regulatory

"10b5-1 Sales for KRISHNASWAMY 99 High Street, Suite 2100 Boston MA"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

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.

Founders Shares market

"Common | 02/09/2025 | Founders Shares | Issuer"

Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.

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	20225	799696.50	47792943	04/17/2026	NASDAQ

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	02/09/2025	Founders Shares	Issuer			20225	02/09/2025	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for KRISHNASWAMY YELESWARAM 99 High Street, Suite 2100 Boston MA 02110	Common	04/14/2026	10200	357796.62
10b5-1 Sales for KRISHNASWAMY YELESWARAM 99 High Street, Suite 2100 Boston MA 02110	Common	04/13/2026	9165	320536.71
10b5-1 Sales for KRISHNASWAMY YELESWARAM 99 High Street, Suite 2100 Boston MA 02110	Common	04/10/2026	500	17490.00
10b5-1 Sales for KRISHNASWAMY YELESWARAM 99 High Street, Suite 2100 Boston MA 02110	Common	04/08/2026	360	12564.00
10b5-1 Sales for KRISHNASWAMY YELESWARAM 99 High Street, Suite 2100 Boston MA 02110	Common	03/25/2026	10115	303354.24

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 the Form 144 for RAPP indicate?

The Form 144 lists proposed brokered sales of Common stock under 10b5-1 plans. It shows specific sale dates and share counts, for example 10,200 shares on 04/14/2026 and 9,165 shares on 04/13/2026, reported via Morgan Stanley Smith Barney LLC.

Who executed the transactions reported on Form 144 (RAPP)?

Morgan Stanley Smith Barney LLC is the broker identified on the Form 144 filings. The sales are tied to an individual using a 10b5-1 plan named KRISHNASWAMY, with multiple dated transactions listed in the excerpt.

How many shares were sold in the largest listed trade on this Form 144?

The largest single trade shown in the excerpt is 10,200 shares sold on 04/14/2026. Other listed trades include 10,115 shares on 03/25/2026 and 9,165 shares on 04/13/2026.

Are these sales part of a Rule 10b5-1 trading plan for RAPP?

Yes. The excerpt explicitly identifies these as 10b5-1 Sales for KRISHNASWAMY, indicating the transactions were executed under pre-arranged trading instructions rather than discretionary open-market timing.

What proceeds are shown for the listed transactions in the Form 144 excerpt?

Each trade in the excerpt includes a cash value, for example $357,796.62 for 10,200 shares on 04/14/2026 and $320,536.71 for 9,165 shares on 04/13/2026, as reported alongside the share counts.