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SAIL (NASDAQ) Form 144: RSU vesting 109,355 shares; insider sale notice

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

Rhea-AI Filing Summary

SAIL — Form 144 notice: A reporting person submitted a Form 144 disclosing proposed sales of Common Stock. The record lists an RSU vesting of 109,355 shares on 04/05/2026 and proposed selling activity with reported quantities of 13,624 and 13,637 shares on early April dates. The filing names Chris Schmitt as a filer and identifies Nasdaq as the market.

Positive

  • None.

Negative

  • None.
RSU vesting 109,355 shares RSU vesting dated 04/05/2026
Proposed sale example 1 13,624 shares listed alongside 04/08/2026 line item
Proposed sale example 2 13,637 shares listed under securities sold during past 3 months, dated 04/07/2026
Reference market Nasdaq market specified on the securities line
Numeric entry 174,395.37 numeric value present on the securities line
Large identifier 563,803,428 numeric value present on the securities line
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 | 04/05/2026 | 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.
Issuer financial
"RSU vesting | Issuer | Compensation"
Nasdaq market
"563803428 | 04/08/2026 | Nasdaq"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.

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

FAQ

What does SAIL Form 144 report?

Form 144 reports proposed sales of insider-held securities. It lists an RSU vesting of 109,355 shares on 04/05/2026 and reported proposed sale quantities of 13,624 and 13,637 in early April.

Who is the filer on the SAIL Form 144?

The filing identifies Chris Schmitt with an Austin, TX address as the reporting person. The document also lists Morgan Stanley Smith Barney LLC on the securities line and Nasdaq as the market.

Were any RSUs involved in the SAIL filing?

Yes. The document explicitly shows an RSU vesting event of 109,355 shares dated 04/05/2026, labeled as issuer compensation, which appears in the securities-to-be-sold section.

Does Form 144 mean shares were already sold?

No. Form 144 is a notice of proposed or planned resale by an affiliate. The filing shows proposed sale quantities and recent transactions but does not by itself confirm executed trades.

What market is listed for the proposed SAIL sales?

The filing names Nasdaq as the market for the securities. Specific execution method or broker instructions are not detailed in the provided excerpt.