RNG (NYSE: RNG) plans sale of 27,252 Class A shares via Form 144
Rhea-AI Filing Summary
RNG filed a Form 144 giving notice to sell 27,252 shares of Class A Common Stock. The filing lists a broker-dealer Goldman Sachs & Co. LLC and a proposed trade date of 06/15/2026. The 27,252 shares break down into 15,556 shares from restricted stock units (acquired 05/20/2025) and 11,696 shares from performance awards (acquired 06/01/2026).
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Insights
Form 144 is a notice of proposed sale under Section 16 for 27,252 Class A shares.
Form 144 provides a broker-facilitated notice for sale; it does not itself execute a sale. The filing names Goldman Sachs & Co. LLC and a proposed date of 06/15/2026, which are procedural details required for compliance.
Timing and settlement depend on market execution and whether any additional transfer restrictions apply; subsequent filings (e.g., Form 4) would report completed transactions.
Shares originate from compensation: RSUs and performance awards totaling 27,252 shares.
The filing itemizes 15,556 shares from restricted stock units (acquired 05/20/2025) and 11,696 from performance awards (acquired 06/01/2026), indicating these are compensation-related disposals.
Whether these sales affect dilution or insider holdings depends on post-transaction holdings and any remaining unvested awards; those figures are not provided here.