STOCK TITAN

SAIL (NASDAQ: SAIL) RSU vesting 67,961 shares; insider sells 8,475/8,467

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

Rhea-AI Filing Summary

SAIL filed a Form 144 disclosing securities to be sold following RSU vesting: 67,961 shares of common stock vested on 04/05/2026. The filing also reports sales by Chandra Gnanasambandam of 8,475 shares on 04/07/2026 and 8,467 shares on 04/08/2026, with reported proceeds of $107,081.63 and $108,382.68, respectively.

Positive

  • None.

Negative

  • None.
RSU vested 67,961 shares RSU vesting on 04/05/2026
Insider sale 1 8,475 shares Sold by Chandra Gnanasambandam on 04/07/2026 for $107,081.63
Insider sale 2 8,467 shares Sold by Chandra Gnanasambandam on 04/08/2026 for $108,382.68
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.
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.
Issuer financial
"Common stock | 04/05/2026 | RSU vesting | Issuer"
Common Stock financial
"Securities Information Common Stock | Morgan Stanley Smith Barney LLC"
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.

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 did SAIL disclose in its Form 144 filing?

SAIL disclosed 67,961 RSU-vested common shares on 04/05/2026 and reported insider sales of 8,475 and 8,467 shares on 04/07/2026 and 04/08/2026 with stated gross proceeds.

Who reported insider sales in the SAIL Form 144?

Chandra Gnanasambandam is the reporting person. The filing lists two sales: 8,475 shares on 04/07/2026 and 8,467 shares on 04/08/2026, with the reported dollar amounts included.

How many shares vested as RSUs according to the filing?

The filing shows 67,961 shares of common stock vested as RSUs on 04/05/2026, described under the sale reason as RSU vesting and allocated to the issuer category.

What proceeds were reported for the insider sales?

The filing reports gross proceeds of $107,081.63 for 8,475 shares sold on 04/07/2026 and $108,382.68 for 8,467 shares sold on 04/08/2026, as stated in the sale rows.

Does the Form 144 indicate how the shares were acquired?

Yes. The filing identifies RSU vesting on 04/05/2026 as the acquisition method for the 67,961 shares, listed under the securities to be sold section.