SAIL Form 144 Notice: 145,058 Shares Scheduled for Sale on Nasdaq
Rhea-AI Filing Summary
SailPoint, Inc. submitted a Form 144 notifying a proposed sale of 145,058 shares of common stock, with an aggregate market value of $3,271,594.61, to be sold on or about 10/07/2025 through Morgan Stanley Smith Barney LLC on Nasdaq. The filing lists total shares outstanding as 556,635,292, so the proposed sale represents a small fraction of the outstanding float. The securities to be sold were acquired via RSU vesting on 10/05/2025; the acquisition table shows 1,115,470 shares vested and were recorded as compensation paid on 10/05/2025.
The filer reports no sales of the issuer's securities in the past three months and makes the required representation that they are not aware of undisclosed material adverse information about the company. The notice follows Rule 144 disclosure formatting and identifies the broker, quantity, and exchange for the proposed transaction.
Positive
- Full Rule 144 disclosure provided: quantity, broker, market value, exchange, and acquisition details
- Securities acquired by RSU vesting are identified as compensation, showing clear provenance
- Proposed sale size ($3.27M) is small relative to 556,635,292 shares outstanding
Negative
- None.
Insights
TL;DR: A small, routine Rule 144 sale follows recent RSU vesting and is disclosed for compliance.
The filing documents a proposed sale of $3,271,594.61 in common stock (145,058 shares) scheduled on 10/07/2025 via Morgan Stanley Smith Barney LLC. The shares were acquired through RSU vesting on 10/05/2025, with 1,115,470 vested shares recorded as compensation. Reporting this proposed sale meets Rule 144 notice requirements.
This transaction equals a small fraction of the reported 556,635,292 shares outstanding; the immediate investor impact is likely limited. Monitor whether the actual sale executes and whether additional insider filings follow in the near term.
FAQ
What does SailPoint (SAIL) Form 144 notify?
How were the securities being sold by SAIL acquired?
Does the filer report recent sales of SailPoint stock?
What broker and exchange are involved in the proposed SAIL sale?
What portion of SailPoint's outstanding shares does this proposed sale represent?