SAIL (Nasdaq: SAIL) insider Mark McClain plans sale of 52,799 shares
Rhea-AI Filing Summary
SAIL insider Mark McClain has filed a Form 144 to sell up to 52,799 shares of common stock through Morgan Stanley Smith Barney LLC on Nasdaq, with an indicated aggregate market value of $1,033,335.96. The filing notes that 561,625,760 shares of the issuer’s common stock are outstanding. The shares to be sold relate to common stock acquired on 01/05/2026 via RSU vesting from the issuer as compensation.
Over the past three months, McClain has already sold common stock in several transactions: 175,425 shares on 10/09/2025 for gross proceeds of $3,933,624.49, 61,106 shares on 01/06/2026 for $1,175,122.94, and 51,986 shares on 01/07/2026 for $1,034,669.53.
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FAQ
What does this Form 144 filing for SAIL disclose?
The filing discloses that Mark McClain plans to sell up to 52,799 shares of SAIL common stock through Morgan Stanley Smith Barney LLC on Nasdaq, with an indicated aggregate market value of $1,033,335.96.
How many SAIL shares are outstanding according to this notice?
The notice states that there are 561,625,760 shares of SAIL common stock outstanding at the time of the planned sale.
How did Mark McClain acquire the SAIL shares he plans to sell?
The shares relate to common stock acquired on 01/05/2026 via RSU vesting from the issuer, with the consideration described as compensation.
What recent SAIL stock sales by Mark McClain are listed in the Form 144?
The filing lists sales of SAIL common stock by Mark McClain over the past three months: 175,425 shares on 10/09/2025 for $3,933,624.49, 61,106 shares on 01/06/2026 for $1,175,122.94, and 51,986 shares on 01/07/2026 for $1,034,669.53.
Which broker will handle the planned SAIL share sale?
The planned sale of 52,799 shares of SAIL common stock is to be executed through Morgan Stanley Smith Barney LLC, located at 1 New York Plaza, 8th Floor, New York, NY 10004.
When is the approximate date of the planned SAIL stock sale?
The Form 144 lists an approximate date of sale of 01/08/2026 for the planned disposition of 52,799 shares of SAIL common stock on Nasdaq.