[144] Rambus Inc SEC Filing
Rambus Inc. (RMBS) Form 144: An individual filer notified the proposed sale of 7,500 common shares, with an aggregate market value of $642,225.75, aiming to sell on or about 09/11/2025 on NASDAQ. The securities were acquired by exercising options on 11/08/2023 and paid in cash. The filing discloses a prior sale of 7,500 shares on 08/08/2025 that generated gross proceeds of $551,447.25. The filer affirms no undisclosed material adverse information and includes the required attestations for Rule 144 compliance.
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Insights
TL;DR: Routine Rule 144 notice for an insider sale of 7,500 shares; transaction appears procedural and non-material to cap table.
The filing reports a proposed sale of 7,500 common shares valued at $642,225.75 and a prior sale of the same quantity on 08/08/2025 yielding $551,447.25. The shares were acquired by exercise on 11/08/2023 and paid in cash, indicating gain realization rather than liquidation of a substantial stake. Given the issuer's outstanding shares of 107,593,820, the size represents roughly 0.007% of outstanding shares, suggesting limited market impact. Disclosure and attestations appear to follow Rule 144 requirements.
TL;DR: Compliance-focused filing showing insider compliance with sale notification rules and a representation of no undisclosed material information.
The notice includes the standard declaration that the filer is not aware of material non-public information and references potential trading-plan considerations. The filer documents acquisition via exercise and cash payment, plus a recent prior sale, which supports transparency around the insider's trading history. From a governance perspective, the submission satisfies routine disclosure obligations under Rule 144 but does not provide additional context on any trading plan or insider holdings beyond the transactions listed.