RDDT (ticker: RDDT) files Form 144 for 108,000-share planned sale
Rhea-AI Filing Summary
RDDT has a planned insider sale disclosed on Form 144. A holder intends to sell 108,000 common shares through Morgan Stanley Smith Barney LLC on the NYSE, with an indicated aggregate market value of $22,416,480. The filing notes that there were 137,824,835 common shares outstanding at the time referenced.
The 108,000 shares were acquired on 11/28/2025 by exercising stock options for cash on the same date. The filing also lists prior sales over the past three months, including 8,146 shares sold by Asterie Eleven on 11/18/2025 and several 18,000‑share sales for THE XYZ REVOCABLE TRUST between 08/29/2025 and 11/14/2025 under Rule 10b5‑1 trading plans.
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FAQ
What does the Form 144 filing for RDDT disclose?
The Form 144 notice for RDDT discloses a planned sale of 108,000 shares of common stock on the NYSE, following acquisition of the shares via stock option exercise paid in cash on 11/28/2025.
How many RDDT shares are planned to be sold and what is their market value?
The planned sale covers 108,000 common shares with an indicated aggregate market value of $22,416,480 as stated in the filing.
How were the 108,000 RDDT shares acquired before this planned sale?
The filing states the 108,000 RDDT common shares were acquired on 11/28/2025 through an exercise of stock options, with the purchase price paid in cash on that date.
What is the total number of RDDT shares outstanding mentioned in the filing?
The document reports that 137,824,835 common shares of RDDT were outstanding as referenced in the securities information table.
Which broker will handle the RDDT Form 144 share sale?
The planned sale of RDDT shares will be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, based at 1 New York Plaza, New York, NY.
What prior RDDT share sales over the last three months are listed?
The filing lists recent sales including 8,146 common shares sold by Asterie Eleven on 11/18/2025 and multiple 18,000‑share sales for THE XYZ REVOCABLE TRUST between 08/29/2025 and 11/14/2025 under Rule 10b5‑1.
What representation does the seller make in the RDDT Form 144?
By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.