Abby Payne plans sale of SAIL (Nasdaq: SAIL) shares in filing
Rhea-AI Filing Summary
Abby Payne filed a notice to sell 3,582 shares of common stock through Morgan Stanley Smith Barney on Nasdaq, with an aggregate market value of $70,103.78.
These shares come from a larger restricted stock unit award of 80,081 common shares that vested on January 5, 2026 and were received as compensation from the issuer.
Over the past three months, Payne has already sold 31,481, 10,965, and 9,329 common shares on October 9, 2025, January 6, 2026, and January 7, 2026, generating gross proceeds of $705,921.64, $210,866.74, and $185,673.68, respectively. The issuer reported 561,625,760 shares outstanding, and the newly planned sale is expected around January 8, 2026.
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FAQ
What does this Form 144-style filing for SAIL describe?
The filing describes a planned sale by Abby Payne of 3,582 shares of common stock through Morgan Stanley Smith Barney on Nasdaq, with an aggregate market value of $70,103.78.
How many SAIL shares has Abby Payne sold in the last 3 months?
Over the last three months, Abby Payne sold 31,481 shares on October 9, 2025, 10,965 shares on January 6, 2026, and 9,329 shares on January 7, 2026, for total gross proceeds of $705,921.64, $210,866.74, and $185,673.68, respectively.
What is the source of the SAIL shares Abby Payne plans to sell?
The planned sale involves shares from an RSU vesting event, where 80,081 common shares vested on January 5, 2026 and were received as compensation from the issuer.
On which exchange will Abby Payne’s SAIL shares be sold?
The notice indicates the 3,582 common shares are to be sold on the Nasdaq market, using Morgan Stanley Smith Barney LLC as broker.
How many SAIL shares are outstanding according to the filing?
The filing states that the issuer has 561,625,760 shares of common stock outstanding, providing context for the planned and recent sales.
When are the new SAIL share sales by Abby Payne expected to occur?
The approximate date of sale listed for the 3,582 common shares is January 8, 2026.