SAIL (NASDAQ: SAIL) RSU vesting 67,961 shares; insider sells 8,475/8,467
Filing Impact
Filing Sentiment
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.
Key Figures
RSU vested: 67,961 shares
Insider sale 1: 8,475 shares
Insider sale 2: 8,467 shares
3 metrics
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
Key Terms
Form 144, RSU vesting, Issuer, Common Stock
4 terms
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.
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.
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.