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Jennifer Hyman Files Form 144 to Sell 6,127 RENT Shares via Morgan Stanley

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Insider sale notice by Jennifer Y. Hyman for RENT (Class A common stock). The filing reports a proposed sale of 6,127 shares through Morgan Stanley Smith Barney with an aggregate market value of $39,090 and approximately 3,941,332 shares outstanding. The securities were acquired upon vesting of restricted stock units on 09/15/2025 (2,851 shares, payment recorded 04/13/2023 for services rendered) and 09/15/2025 (3,276 shares, payment recorded 03/15/2024 for services rendered). The filer also reported three sales in the past three months totaling 11,896 shares for gross proceeds of $50,798.06 on 06/17/2025 and 08/04/2025. The notice includes the seller's representation that no material nonpublic information is known to the seller.

Positive

  • Full disclosure of broker, share counts, aggregate market value, and acquisition source (RSU vesting).
  • Traceable acquisition details showing RSU vesting dates and stated consideration for the shares.

Negative

  • Insider sales reported in the past three months totaling 11,896 shares, which may attract attention from investors monitoring insider activity.

Insights

TL;DR: Routine insider disposition disclosed; transaction details and prior sales are provided for market transparency.

The filing documents an insider sale notice for 6,127 shares to be executed via a broker and shows recent prior sales totaling 11,896 shares with combined gross proceeds of $50,798.06. It also traces the acquired shares to RSU vesting events and records the stated consideration as services rendered. For investors and compliance teams, the filing provides clear chain-of-acquisition and recent-sale history, supporting monitoring of insider trading activity without introducing additional company operational information.

TL;DR: The notice appears procedurally complete, documenting vesting origin and recent dispositions with required seller representation.

The Form 144 lists the broker, exact share counts, aggregate market value for the proposed sale, and identifies the shares as issued on vesting of incentive-plan RSUs. The seller attests to absence of undisclosed material information, aligning with Rule 144 compliance expectations. The inclusion of multiple recent sales in the past three months allows governance reviewers to assess patterns of insider liquidity while the filing itself contains no governance changes or material operational disclosures.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the Form 144 filed for RENT (RENT) disclose?

The Form 144 discloses a proposed sale of 6,127 Class A shares via Morgan Stanley Smith Barney with an aggregate market value of $39,090 and notes recent sales totaling 11,896 shares for gross proceeds of $50,798.06.

Who is the seller named in this Form 144 for RENT?

The seller named is Jennifer Y. Hyman, with an address listed as 10 Jay St, Brooklyn, NY 11201.

How were the shares being sold by the RENT filer acquired?

The shares were acquired upon vesting of restricted stock units (RSUs) on 09/15/2025, with amounts of 2,851 and 3,276 shares respectively, and payment noted as services rendered.

What broker is handling the proposed sale in the RENT Form 144?

The proposed sale is to be handled by Morgan Stanley Smith Barney LLC at 1 New York Plaza, 38th Floor, New York, NY 10004.

Does the Form 144 state whether the seller knows any material nonpublic information?

Yes, the filer signs a representation that they do not know any material adverse information about the issuer that has not been publicly disclosed.
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