Planned 61,106-share sale for Issuer (Nasdaq: SAIL) disclosed in Form 144
Rhea-AI Filing Summary
A shareholder named Mark McClain has filed a notice of proposed sale under Rule 144 to sell 61,106 shares of common stock through Morgan Stanley Smith Barney LLC on or about 01/06/2026, with the shares listed on Nasdaq. The filing shows that on 01/05/2026 he acquired 446,254 shares of common stock via RSU vesting as compensation, with payment also dated 01/05/2026.
The document also reports prior sales in the last three months for McClain, including 145,058, 148,003, and 175,425 common shares sold on 10/07/2025, 10/08/2025, and 10/09/2025 for gross proceeds of $3,271,594.61, $3,322,253.40, and $3,933,624.49, respectively.
Positive
- None.
Negative
- None.
FAQ
What does the Form 144 filing for SAIL disclose?
The Form 144 filing discloses that Mark McClain plans to sell 61,106 shares of common stock through Morgan Stanley Smith Barney LLC, with an approximate sale date of 01/06/2026 on Nasdaq.
How many SAIL shares did Mark McClain recently acquire before the planned sale?
The filing states that on 01/05/2026 Mark McClain acquired 446,254 shares of common stock through RSU vesting, received as compensation.
What recent SAIL share sales by Mark McClain are reported in the last three months?
The notice lists three common stock sales by Mark McClain: 145,058 shares on 10/07/2025, 148,003 shares on 10/08/2025, and 175,425 shares on 10/09/2025, with gross proceeds of $3,271,594.61, $3,322,253.40, and $3,933,624.49, respectively.
Which broker is handling the planned SAIL share sale under this Form 144?
The planned sale of 61,106 common shares is to be executed through Morgan Stanley Smith Barney LLC, located at 1 New York Plaza, 8th Floor, New York, NY 10004.
On which exchange are the SAIL shares in this Form 144 listed?
The common stock covered by this Form 144 notice is listed on Nasdaq, as specified in the section describing the securities to be sold.
What type of transaction led to the acquisition of the SAIL shares being sold?
The shares were acquired via RSU vesting on 01/05/2026, with the nature of payment described as compensation.