Form 144: S holder plans sale of 1,513 Class A shares on NYSE
Rhea-AI Filing Summary
Form 144 notice by a holder of Class A common stock of SentinelOne, Inc. reports a proposed sale of 1,513 shares with an aggregate market value of $27,234, to be executed approximately on
The filing lists recent sales by the same seller, Insight Partners Fund X (Delaware) Follow-On Fund, L.P., of 563 shares on
Positive
- Proposed sale size of 1,513 shares is very small versus 324,760,095 shares outstanding
- Acquisition date is disclosed (
07/02/2021 ), showing the filer held the shares since a public purchase - Recent sales are fully disclosed with dates and proceeds, supporting transparency
Negative
- Prior sales in the past three months total 1,215 shares for
$22,238.81 , indicating ongoing disposals - Aggregate market value of the proposed sale is
$27,234 , which, while small, adds to recent selling activity
Insights
TL;DR: Form 144 documents a routine Rule 144 sale notification for 1,513 Class A shares.
The notice identifies a proposed sale under Rule 144 of 1,513 Class A shares with an aggregate market value of
Key compliance items to watch are the dates and aggregation of prior sales: four transactions totaling 1,215 shares in the past three months are disclosed, which the filer must aggregate when determining volume limitations under Rule 144. Expect settlement and broker documentation to confirm compliance before completion.
TL;DR: The sale size is small relative to total outstanding shares, so market impact is likely minimal.
The proposed sale of 1,513 shares compares with 324,760,095 shares outstanding, indicating the transaction represents a de minimis portion of the float. Recent disposals by the same seller totaled 1,215 shares for
Investors typically note such filings for potential incremental supply; however, given the absolute sizes disclosed, any price impact is likely negligible in normal market conditions. Monitor executed trade reports on