[144] Rambus Inc SEC Filing
Form 144 notice for Rambus Inc. (RMBS): The filing notifies a proposed sale of 2,261 restricted common shares through Morgan Stanley Smith Barney LLC on or about 08/29/2025. The aggregate market value of the shares at filing is $177,994.96, with 107,593,820 shares outstanding. The shares were acquired as restricted stock from the issuer on 05/02/2023 and payment was recorded on that date. The filer reports no securities sold in the past three months and affirms no undisclosed material adverse information. The notice is a routine disclosure of an insider's planned sale under Rule 144.
- Compliance disclosure completed with required Rule 144 details including broker, share count, and acquisition provenance
- Seller attests they do not possess undisclosed material adverse information about the issuer
- None.
Insights
TL;DR: Routine insider sale notice of 2,261 restricted shares, modest in size relative to the outstanding share count.
The Form 144 documents a proposed sale of 2,261 restricted common shares with an aggregate market value of $177,994.96, to be executed through Morgan Stanley Smith Barney LLC around 08/29/2025. The shares were originally acquired as restricted stock from the issuer on 05/02/2023. The filing indicates no sales in the prior three months and includes the standard representation that no material nonpublic information is known to the seller. Based solely on the filing, this appears to be a routine compliance filing required to sell restricted securities; the filing itself provides no operational or financial performance information.
TL;DR: Disclosure aligns with Rule 144 requirements; provides chain-of-acquisition detail and broker execution plan.
The notice specifies the nature of acquisition as restricted stock from the issuer and records the acquisition and payment date as 05/02/2023. It names Morgan Stanley Smith Barney LLC as the broker and gives an approximate sale date. The filer also signs the standard attestation about material information. There are no statements here about any trading plan adoption or 10b5-1 instructions, and no recent sales to aggregate. From a governance perspective, the filing fulfills required transparency for an insider sale but contains no additional governance signals.