STOCK TITAN

SAIL (NASDAQ: SAIL) RSU vesting 109,355 shares; broker reports two sales

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

Rhea-AI Filing Summary

SAIL broker-dealer filing reports a vesting of 109,355 shares of common stock as RSUs on 04/05/2026 and discloses two recent open-market sales: 13,637 shares on 04/07/2026 for $172,303.50 and 13,624 shares on 04/08/2026 for $174,395.37. The filing lists Morgan Stanley Smith Barney LLC as the broker-dealer of record.

Positive

  • None.

Negative

  • None.
RSU vesting 109,355 shares vested on 04/05/2026 as listed under Securities To Be Sold
Sale - 1 13,637 shares sold on 04/07/2026 for $172,303.50 (Chris Schmitt)
Sale - 2 13,624 shares sold on 04/08/2026 for $174,395.37 (Chris Schmitt)
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.
Common stock financial
"Securities To Be Sold Common stock | 04/05/2026"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Securities Sold During The Past 3 Months regulatory
"144: Securities Sold During The Past 3 Months Chris Schmitt"

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 the SAIL Form 144 report?

It reports an RSU vesting of 109,355 common shares and two recent sales of 13,637 and 13,624 shares. The filing names Morgan Stanley Smith Barney LLC as the broker and gives transaction dates of 04/05/2026, 04/07/2026, and 04/08/2026.

How many SAIL shares vested as RSUs?

A total of 109,355 shares vested as RSUs on 04/05/2026. The filing classifies those securities as issuer compensation-related RSU vesting tied to common stock.

What recent SAIL sales are disclosed in the filing?

Two sales are disclosed: 13,637 shares sold on 04/07/2026 for $172,303.50 and 13,624 shares sold on 04/08/2026 for $174,395.37. Seller name appears as Chris Schmitt.

Who acted as broker for the transactions in the SAIL filing?

Morgan Stanley Smith Barney LLC is listed as the broker-dealer of record at 1 New York Plaza. The filing shows the broker name and an associated Nasdaq listing reference.

Does the filing state proceeds or use of proceeds for the sales?

The filing provides dollar amounts for the reported sales but does not specify any use of proceeds. Reported sale values are $172,303.50 and $174,395.37 respectively.