S files Rule 144 notice to sell 288,149 Class A shares worth $5.19M
Rhea-AI Filing Summary
SentinelOne, Inc. has filed a Notice of Proposed Sale under Rule 144 reporting an intended sale of 288,149 Class A shares through Raymond James & Associates on
Positive
- Transparency of transaction: Notice filed under Rule 144 discloses planned sale and prior three-month sales with exact share counts and proceeds
- Acknowledged acquisition history: Acquisition date
05/31/2019 and nature (stock conversion before IPO) are specified, supporting eligibility for resale
Negative
- Sizeable share sale relative to float: Proposed sale of 288,149 shares may modestly increase trading supply against outstanding 324,760,095 shares
- Recent selling activity: 330,292 shares sold in the past three months for ~
$5.66M , indicating ongoing liquidation activity
Insights
TL;DR: A significant Rule 144 resale is planned: 288,149 Class A shares worth about
The notice documents a planned sale under Rule 144 of 288,149 Class A shares through Raymond James, acquired by stock conversion on
Key dependencies include compliance with Rule 144 holding-period and volume provisions and accurate aggregation of recent sales; watch for actual execution on