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SAIL (NASDAQ: SAIL) files Form 144 to sell 148,310 RSU shares

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

Rhea-AI Filing Summary

SAIL submitted a Form 144 disclosing an intended sale of 148,310 shares of common stock tied to RSU vesting on 04/05/2026. The filing also records a prior sale of 30,638 shares on 01/08/2026 for $599,620.20.

Positive

  • None.

Negative

  • None.

Insights

Form 144 lists an RSU-related sale of 148,310 common shares.

Form 144 is a notice required under Section 15(g) for sales by affiliates of restricted or control securities. This filing lists 148,310 shares from RSU vesting dated 04/05/2026, indicating a planned affiliate sale routed through standard resale notice procedures.

Cash proceeds treatment is not fully detailed beyond a prior sale of 30,638 shares on 01/08/2026 for $599,620.20. Timing and distribution mechanics beyond the stated dates are not provided in the excerpt.

Shares to be sold (RSU vesting) 148,310 shares RSU vesting dated 04/05/2026
Shares sold in past 3 months 30,638 shares Sale dated 01/08/2026
Proceeds reported for prior sale $599,620.20 Proceeds from 30,638-share sale on 01/08/2026
Filing/reporting date for RSU vesting 04/05/2026 Date tied to RSU vesting and planned sale
Exchange Nasdaq Trading venue listed in securities information
Form 144 regulatory
"Filer Information | 144: Filer Information"
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.
Securities Sold During The Past 3 Months regulatory
"144: Securities Sold During The Past 3 Months"

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 did the SAIL Form 144 disclose about shares to be sold?

The Form 144 discloses intent to sell 148,310 shares of common stock from RSU vesting dated 04/05/2026. This identifies the security class and the vesting-related source of the shares for sale.

Does the filing show any recent sales by SAIL insiders?

Yes. The filing records a prior sale of 30,638 shares on 01/08/2026, with gross proceeds shown as $599,620.20. That sale is listed under "Securities Sold During The Past 3 Months."

What type of securities are involved in the SAIL Form 144?

The filing involves common stock tied to RSU vesting and resale. It lists the securities as common stock to be sold following RSU vesting on 04/05/2026 and prior common stock sales in January 2026.

Which trading venue is mentioned in the SAIL excerpt?

The excerpt references Nasdaq as the trading venue associated with the securities. The filing associates the common stock with Nasdaq in the securities information section.