Former Richtech Robotics (RR) officer sells 60,000 Class B shares
Filing Impact
Filing Sentiment
Form Type
4
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 ($175,600)
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)
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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.