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