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 10/06/2025, with an aggregate market value of $5,186,682.00 and 324,760,095 Class A shares outstanding. The filing traces acquisition of the shares to a stock conversion before IPO on 05/31/2019 from SentinelOne, Inc., showing 2,495,815 shares initially acquired and wired to a portfolio account. The filer also reported four Class A sales in the past three months totaling 330,292 shares for gross proceeds of approximately $5,664,449.07 on 07/07/2025, 07/08/2025, 10/01/2025, and 10/03/2025.
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 $5.19M on 10/06/2025.
The notice documents a planned sale under Rule 144 of 288,149 Class A shares through Raymond James, acquired by stock conversion on 05/31/2019. The filer affirms no undisclosed material adverse information and identifies prior open-market sales totaling 330,292 shares in the prior three months for roughly $5.66M.
Key dependencies include compliance with Rule 144 holding-period and volume provisions and accurate aggregation of recent sales; watch for actual execution on 10/06/2025 and any further Form 4 or Form 144 filings that would change outstanding free‑float or disclose a trading plan.
FAQ
What is the proposed sale reported by SentinelOne (S)?
How many shares does SentinelOne have outstanding according to the filing?
When and how were the securities being sold originally acquired?
Has the filer sold other Class A shares recently?
What representation does the filer make about material information?