Alan M Reid sells shares (SANM): 1,000 performance shares listed in Form 144
Rhea-AI Filing Summary
Alan M Reid filed a Form 144 to sell 1,000 performance shares.
The filing lists three sales during the past three months: 1,000 shares on 05/01/2026 for $218,170, 1,500 shares on 02/26/2026 for $240,954.75, and 3,500 shares on 02/13/2026 for $519,557.50. The document references 53,597,735 shares outstanding as of 05/04/2026.
Positive
- None.
Negative
- None.
Insights
Form 144 notifies a proposed sale of registered shares by Alan M Reid.
Form 144 is a notice required under Rule 144 when an affiliate or control person proposes to sell restricted or control securities. The filing lists 1,000 performance shares proposed for sale and recent dispositions in early 2026.
Cash‑flow treatment and the distribution method are not shown in the excerpt; subsequent sale timing depends on compliance with Rule 144 transfer conditions and any holding‑period or volume limits.