109,355 RSUs vesting; SAIL (NASDAQ: SAIL) Form 144 resale notice

Rhea-AI Filing Summary

SAIL submitted a Rule 144 notice reporting intended resale of common stock tied to RSU vesting. The filing lists 109,355 shares related to RSU vesting 07/05/2026. It also records recent sales of 13,624 shares on 04/08/2026 for $174,395.37 and 18,813 shares on 04/09/2026 for $215,589.19. The filing names Chris Schmitt as a reporter and Morgan Stanley Smith Barney LLC as a broker.

Insights

Securities Lawyer

Rule 144 notice documents resale activity and an upcoming RSU vesting event.

The filing lists 109,355 common shares tied to RSU vesting on 07/05/2026 and two prior market dispositions: 13,624 shares on 04/08/2026 and 18,813 shares on 04/09/2026. It names a broker, Morgan Stanley Smith Barney LLC.

Qualifiers such as holding periods or volume limitations are not stated in the excerpt; any resale under Rule 144 remains subject to the statute's requirements. Subsequent filings may disclose further disposition details.

Key Figures

RSU shares to be sold: 109,355 shares Sale on 04/08/2026: 13,624 shares Sale on 04/09/2026: 18,813 shares +1 more

4 metrics

RSU shares to be sold 109,355 shares RSU vesting on <date>07/05/2026</date>

Sale on 04/08/2026 13,624 shares <date>04/08/2026</date>, proceeds <money>$174,395.37</money>

Sale on 04/09/2026 18,813 shares <date>04/09/2026</date>, proceeds <money>$215,589.19</money>

Broker Morgan Stanley Smith Barney LLC Listed broker address: 1 New York Plaza 8th Floor, New York, NY

Key Terms

Rule 144, RSU vesting, Form 144

3 terms

Rule 144 regulatory

"144: Securities To Be Sold"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

RSU vesting financial

"Common stock | 07/05/2026 | 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.

Form 144 regulatory

"CONTENT TO ANALYZE: 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.

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Available on EDGAR 07/07/2026 - 06:41 PM Accepted by SEC EDGAR 07/07/2026 - 06:40 PM Learn about SEC filing dates

FAQ

What does the SAIL Form 144 report show?

It reports an intended resale of 109,355 common shares tied to RSU vesting on 07/05/2026. It also lists two recent sales of 13,624 and 18,813 shares on 04/08/2026 and 04/09/2026, with transaction proceeds shown.

Who is identified as the reporting person in the SAIL filing?

The filing identifies Chris Schmitt as the reporting person. The record includes Chris Schmitt's address and shows recent sale transactions reported under that name.

What broker is listed on the SAIL Form 144?

Morgan Stanley Smith Barney LLC is listed as the broker, with address at 1 New York Plaza, 8th Floor. The broker information appears in the securities and filer sections of the excerpt.

Does the filing state proceeds from the reported sales?

Yes. The excerpt shows proceeds of $174,395.37 for 13,624 shares sold on 04/08/2026 and $215,589.19 for 18,813 shares sold on 04/09/2026. No aggregate proceeds for the RSU shares are provided.

Are the 109,355 RSU shares already vested or pending vesting?

The filing lists the 109,355 shares with the label "RSU vesting" and the date 07/05/2026, indicating vesting on that date. The excerpt ties the shares to compensation-related vesting.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Morgan Stanley Smith Barney LLC 1 New York Plaza 8th Floor New York NY 10004	23940	389944	567182997	07/07/2026	Nasdaq

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common stock	07/05/2026	RSU vesting	Issuer			109355	07/05/2026	Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Chris Schmitt 11120 Four Points Drive Suite 100 Austin TX 78726	Common Stock	04/08/2026	13624	174395.37
Chris Schmitt 11120 Four Points Drive Suite 100 Austin TX 78726	Common Stock	04/09/2026	18813	215589.19

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)