STOCK TITAN

Tomer Weingarten sells S Class A shares through Goldman Sachs (NYSE: S)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

S reported proposed and recent Class A Common share sales by Tomer Weingarten under Rule 144, submitted through Goldman Sachs & Co. LLC. The filing lists four transactions: 38,864 shares on 03/17/2026 for $562,350.42; 100 shares on 05/01/2026 for $1,500; 231,664 shares on 05/04/2026 for $3,548,652.32; and 57,296 shares on 06/11/2026 for $836,275.23.

The filing also notes an original acquisition of Class B shares on 03/20/2013 that are convertible into Class A common in connection with sales. The notice names the broker-dealer and provides the quantity and gross proceeds for each listed sale.

Positive

  • None.

Negative

  • None.

Insights

Rule 144 sale notice lists multiple disposals by a single holder via a broker-dealer.

The submission records four discrete Class A Common sales with exact share counts and gross proceeds; transactions were routed through Goldman Sachs & Co. LLC. The filing also documents a prior acquisition of Class B shares on 03/20/2013 convertible into Class A in connection with sales.

Regulatory focus is procedural: this notice supplies the seller, broker, and transaction detail required for compliance. Subsequent SEC filings or trading reports may confirm execution mechanics or withholding outcomes.

Multiple sales by the same holder create supply events but the filing is informational, not directional.

The indicated disposals range from 100 to 231,664 shares on specific dates, each with gross proceeds listed. The presence of convertible Class B shares noted from 03/20/2013 explains the holder's ability to sell Class A shares.

Market impact depends on execution timing and whether sales were block trades or routine market transactions; the notice itself does not specify sale method or net proceeds to the holder.

Sale on 03/17/2026 38,864 shares gross proceeds $562,350.42
Sale on 05/01/2026 100 shares gross proceeds $1,500
Sale on 05/04/2026 231,664 shares gross proceeds $3,548,652.32
Sale on 06/11/2026 57,296 shares gross proceeds $836,275.23
Acquisition of Class B acquired on 03/20/2013 Class B convertible to Class A in connection with sales
Rule 144 regulatory
"Securities To Be Sold lists sales as subject to Rule 144 procedures"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Class A Common financial
"Securities Information and Securities To Be Sold reference Class A Common shares"
convertible to Class A financial
"Class B common shares to be converted to Class A common shares in connection with any sales"
broker-dealer: Goldman Sachs & Co. LLC market
"Securities To Be Sold shows Goldman Sachs & Co. LLC as broker-dealer"
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144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What did the Form 144 for S disclose about Tomer Weingarten's sales?

The Form 144 discloses four Class A Common share sales by Tomer Weingarten. It lists share counts and gross proceeds for trades on 03/17/2026, 05/01/2026, 05/04/2026, and 06/11/2026.

How many shares and proceeds were reported on 05/04/2026 in the filing?

The filing lists 231,664 shares sold on 05/04/2026 for gross proceeds of $3,548,652.32. The entry appears as a discrete transaction routed through the named broker-dealer.

Which broker handled the reported sales in the Form 144?

The Form 144 names Goldman Sachs & Co. LLC as the broker-dealer associated with the Class A Common sales. The filing attaches broker identity to the reported transactions.

Does the filing explain why Class B shares are mentioned?

Yes. The filing states the holder acquired Class B common shares on 03/20/2013 and that those Class B shares are to be converted to Class A common in connection with any sales, per the disclosure in the document.

Do the Form 144 entries show net proceeds or withholding for taxes?

The entries provide gross proceeds figures for each sale ($562,350.42, $1,500, $3,548,652.32, $836,275.23). The filing does not separately itemize net proceeds or tax withholdings in the provided excerpt.