Insider plans SAIL (Nasdaq: SAIL) share sale, prior trades detailed
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
A holder of common stock has filed a Form 144 notice to sell 4,507 shares through Morgan Stanley Smith Barney on the Nasdaq, with an aggregate market value of $88,207.07. The shares relate to 86,961 common shares acquired on 01/05/2026 via RSU vesting from the issuer as compensation, with payment also dated 01/05/2026.
In the past three months, the same seller, Chris Schmitt, reported three sales of common stock: 34,186 shares on 10/09/2025 for gross proceeds of $766,563.41, 11,908 shares on 01/06/2026 for $229,001.47, and 10,130 shares on 01/07/2026 for $201,615.86. The notice also includes a representation that the seller is not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.
Positive
- None.
Negative
- None.
FAQ
What does the SAIL Form 144 filing disclose about upcoming stock sales?
The notice states an intention to sell 4,507 shares of common stock on or about 01/08/2026 through Morgan Stanley Smith Barney on the Nasdaq, with an aggregate market value of $88,207.07.
What were the gross proceeds from the recent SAIL stock sales?
The gross proceeds were $766,563.41 for 34,186 shares on 10/09/2025, $229,001.47 for 11,908 shares on 01/06/2026, and $201,615.86 for 10,130 shares on 01/07/2026.
Does the seller make any representation about material nonpublic information?
Yes. By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.