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SAIL (NASDAQ: SAIL) lists 539,903 RSUs; insider sales by Mark McClain noted

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

Rhea-AI Filing Summary

The issuer filed a Form 144 disclosing proposed resale activity in Common Stock tied to RSU vesting and recent dispositions. The filing lists 539,903 shares from RSU vesting dated 04/05/2026. It also records insider sales by Mark McClain: 67,328 shares on 04/07/2026 for $850,689.28 and 67,262 shares on 04/08/2026 for $860,993.96. The cover line shows 563,803,428 common shares with an associated date of 04/09/2026.

Positive

  • None.

Negative

  • None.
RSU vesting shares 539,903 shares RSU vesting dated 04/05/2026
Sale by Mark McClain 67,328 shares sold 04/07/2026 for $850,689.28
Sale by Mark McClain 67,262 shares sold 04/08/2026 for $860,993.96
Common shares shown 563,803,428 shares cover line with date 04/09/2026
RSU vesting financial
"Common stock | 04/05/2026 | RSU vesting | Issuer"
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.
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.
Issuer financial
"Common stock | 04/05/2026 | RSU vesting | Issuer"

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's Form 144 disclose about RSU vesting?

The filing lists 539,903 shares tied to RSU vesting dated 04/05/2026. This line shows the securities to be sold were issued as compensation and scheduled for sale following vesting.

How many shares did Mark McClain sell according to the SAIL filing?

The filing reports two sales by Mark McClain: 67,328 shares on 04/07/2026 and 67,262 shares on 04/08/2026. Proceeds shown are $850,689.28 and $860,993.96, respectively.

Does the Form 144 show total shares outstanding for SAIL?

A line in the filing shows 563,803,428 common shares with date 04/09/2026. This figure appears on the cover line and can serve as a company share count reference in the excerpt.

Who is listed as the broker or intermediary in the SAIL Form 144?

The filing names Morgan Stanley Smith Barney LLC at 1 New York Plaza on the securities line, indicating the broker-dealer involved in the proposed resale activity shown in the excerpt.