Richtech Robotics ex-officer sells 60,000 B shares
Richtech Robotics Inc. former officer Matthew G. Casella reported selling a total of 60,000 shares of the company’s Class B common stock in open-market transactions under Rule 144.
Rhea-AI Filing Summary
Richtech Robotics Inc. former officer Matthew G. Casella reported selling a total of 60,000 shares of the company’s Class B common stock in open-market transactions under Rule 144. He sold 40,000 shares at $2.995 on February 13, 2026, then 20,000 shares at $2.79 on February 17, 2026. Following these sales, he no longer directly owns any Class B common shares of Richtech Robotics.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 60,000 shares
Net Sell
2 txns
Insider
Casella Matthew G.
Role
Insider
Sold
60,000 shs ($176K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock B Shares | 20,000 | $2.79 | $56K |
| Sale | Common Stock B Shares | 40,000 | $2.995 | $120K |
Holdings After Transaction:
Common Stock B Shares — 0 shares (Direct)
Footnotes (1)
- F1. The securities were sold pursuant to Rule 144.
FAQ
What insider transaction did Richtech Robotics (RR) report on Form 4?
Richtech Robotics reported that former officer Matthew G. Casella sold 60,000 Class B common shares in two open-market transactions under Rule 144, fully eliminating his direct Class B share ownership in the company.
Were the Richtech Robotics (RR) insider sales made under Rule 144?
Yes. The Form 4 notes that the Richtech Robotics Class B shares sold by former officer Matthew G. Casella were disposed of pursuant to Rule 144, which governs certain resales of restricted and control securities in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.