[144] Richtech Robotics Inc. SEC Filing

Rhea-AI Filing Summary

Richtech Robotics Inc. (RR) filed a Form 144 notifying the proposed sale of 100,000 shares of Common stock through UBS Financial Services, with an aggregate market value of $300,880. The filing states the shares represent founder shares acquired from the issuer on 11/21/2023.

The filing lists the issuer's total shares outstanding as 39,934,846 and an approximate sale date of 08/26/2025 on Nasdaq. The notice also discloses three recent Class B sales by Phil Zheng on 05/29/2025 (105,213 shares, $267,905.36), 06/03/2025 (40,000 shares, $98,040.24) and 06/05/2025 (54,787 shares, $137,145.78).

The filer certifies they are not aware of undisclosed material adverse information and provides the standard signature and legal attestation language.

Positive

• Clear disclosure of 100,000 common shares to be sold and associated market value of $300,880
• Broker identified (UBS Financial Services) and planned sale date of 08/26/2025
• Acquisition details provided showing shares were acquired as founder shares on 11/21/2023
• Attestation included that the seller is not aware of undisclosed material adverse information

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine Rule 144 notice for founder shares representing a small percentage of outstanding stock; disclosure supports orderly sale.

The Form 144 documents a proposed sale of 100,000 common shares valued at $300,880, representing roughly 0.25% of the issuer's 39,934,846 shares outstanding. The shares were acquired as founder shares on 11/21/2023 and will be sold through UBS on 08/26/2025. Recent Class B dispositions by Phil Zheng totaling 199,000 shares and ~$503k in proceeds are also disclosed. From a securities perspective this appears to be a routine insider liquidity event with limited immediate market impact given the small proportion of outstanding stock. The filing includes the required attestation regarding material nonpublic information.

Corporate Governance Expert

TL;DR: Proper procedural disclosure; attestation reduces governance risk but does not explain rationale for sales.

The filing follows Rule 144 requirements by specifying class, broker, acquisition date, and payment details. Reporting founder-originated shares and recent Class B sales provides transparency about insider dispositions. The attestation that no material nonpublic information is known by the seller is standard and important for governance compliance. The filing does not include a trading-plan date under Rule 10b5-1, so no affirmative trading-plan protection is documented in this notice.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	UBS Financial Services, Inc Eleven Madison Avenue 4th Floor New York NY 10010	100000	300880.00	39934846	08/26/2025	Nasdaq

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/21/2023	Founders Shares	Issuer			100000	11/21/2023	NA

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Phil Zheng 4175 Cameron Street, Ste 1 Las Vegas NV 89103	Class B	05/29/2025	105213	267905.36
Phil Zheng 4175 Cameron Street, Ste 1 Las Vegas NV 89103	Class B	06/03/2025	40000	98040.24
Phil Zheng 4175 Cameron Street, Ste 1, Las Vegas NV 89103	Class B	06/05/2025	54787	137145.78

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

Who is proposing to sell shares in the Form 144 for Richtech Robotics (RR)?

The Form 144 reports the sale of 100,000 common shares for the account of the person identified in the filing; recent seller activity lists Phil Zheng for prior Class B sales.

How many shares and what is the aggregate market value in the proposed sale?

The notice covers 100,000 shares with an aggregate market value of $300,880.

When were the shares being sold acquired?

The securities to be sold were acquired as founder shares on 11/21/2023 from the issuer.

Which broker is handling the sale and where will the sale occur?

The broker is UBS Financial Services, Inc. and the sale is listed for Nasdaq with an approximate sale date of 08/26/2025.

Has the filer sold other securities recently?

Yes. The filing discloses three prior Class B sales by Phil Zheng: 105,213 shares on 05/29/2025 for $267,905.36, 40,000 shares on 06/03/2025 for $98,040.24, and 54,787 shares on 06/05/2025 for $137,145.78.