108,000-share Form 144 sale by RDDT insider (NYSE: RDDT)
Rhea-AI Filing Summary
RDDT filed a Form 144 reporting 108,000 shares of Common Stock to be sold on 05/29/2026 in connection with an exercise of stock options. The filing lists an aggregate value of $18,110,520.00. The filing also discloses multiple 10b5-1 sale executions by THE XYZ REVOCABLE TRUST of 18,000 shares each on 03/13/2026, 03/31/2026, 04/15/2026, 05/05/2026, and 05/15/2026 with per-trade proceeds listed. Shares outstanding are shown as 141,965,642 as of 05/29/2026.
Positive
- None.
Negative
- None.
Insights
Routine Rule 144 notice for an option exercise followed by resale.
The submission records an exercise of stock options converting options into 108,000 shares, with an aggregate value of $18,110,520.00. The filing lists the method and dates but does not specify exact distribution channels.
Recent 10b5-1 sale rows show five separate 18,000-share executions by an affiliated trust; these entries document prior planned dispositions. Timing and execution mechanics beyond the listed dates are not detailed in the excerpt.