STOCK TITAN

SAIL (Nasdaq: SAIL) insider sales; 539,903 RSUs vest on 07/05/2026

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

The filing for SAIL notifies proposed and recent sales by insiders. It lists 539,903 shares of common stock tied to RSU vesting on 07/05/2026 (issued as compensation) and discloses two completed dispositions by Mark McClain: 67,262 shares on 04/08/2026 for $860,993.96 and 92,874 shares on 04/09/2026 for $1,064,297.60. The notice identifies Nasdaq as the market and lists Morgan Stanley Smith Barney LLC as a broker address.

Positive

  • None.

Negative

  • None.

Insights

RSU vesting creates an available block; two prior dispositions are routine compensation-related sales.

The filing shows 539,903 RSUs vesting on 07/05/2026 and treated as compensation. This indicates a scheduled issuance rather than an open-market purchase.

Two prior sales by Mark McClain on 04/08/2026 and 04/09/2026 are documented with share counts and gross proceeds. Subsequent filings or broker reports will show how these vested shares are treated (sale, withholding, or retention).

The notice is an SEC Form 144 disclosure of proposed/resolved dispositions; it documents transaction details and broker information.

Form 144 is an SEC notice for proposed sales by affiliates; the entry lists broker details (Morgan Stanley Smith Barney LLC) and the Nasdaq trading venue. The RSU vesting entry is labeled "Issuer" and "Compensation," which ties the shares to a compensation event.

Timing and method qualifiers typical to Form 144 (broker-assisted sales, short sales after effectiveness) are not expanded here; further filings may provide execution details.

RSUs vesting 539,903 shares RSU vesting on 07/05/2026 (compensation, issued by issuer)
Sale on 04/08/2026 67,262 shares Disposition by Mark McClain on 04/08/2026 for $860,993.96
Sale on 04/09/2026 92,874 shares Disposition by Mark McClain on 04/09/2026 for $1,064,297.60
Broker Morgan Stanley Smith Barney LLC Broker address listed on the filing
Trading venue Nasdaq Market identified for the securities
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
RSU vesting financial
"Common stock | 07/05/2026 | RSU vesting"
RSU vesting is the process by which restricted stock units — a promise by a company to give shares to an employee — become actual, owned shares over time or when certain goals are met. Investors care because vested shares can dilute existing ownership when issued, and the timing of vesting affects when employees can sell shares, which can influence share supply, insider selling patterns, and company incentives.
Compensation financial
"539903 | 07/05/2026 | Compensation"
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FAQ

What does SAIL's Form 144 disclose about RSU vesting?

The filing lists 539,903 shares of common stock tied to RSU vesting on 07/05/2026. It is recorded under Issuer and labeled as Compensation, indicating an issuance event from vested awards.

Who sold shares recently according to the filing for SAIL?

The filing records two dispositions by Mark McClain: 67,262 shares on 04/08/2026 for $860,993.96 and 92,874 shares on 04/09/2026 for $1,064,297.60. These sales are listed with share counts and gross proceeds.

Which broker and market are named in the Form 144 for SAIL?

The filing names Morgan Stanley Smith Barney LLC, 1 New York Plaza as the broker address and identifies Nasdaq as the trading market for the disclosed securities transactions.

Does the Form 144 show how vested RSUs will be sold?

The entry labels the 539,903 shares as RSU vesting under Issuer and Compensation; it does not specify the exact sale method or whether shares will be withheld, sold, or retained in this excerpt.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature