SARO (NYSE: SARO) proposes sale of 5,270 RSU‑vested shares

Rhea-AI Filing Summary

SARO submitted a Form 144 notice listing a proposed sale of 5,270 shares of Common Stock that were acquired upon the vesting of restricted stock units granted on April 15, 2025. The excerpt ties the securities to services rendered and references the NYSE; the filing lists Morgan Stanley Smith Barney LLC in the filer information.

Insights

Securities Counsel

Form 144 lists a brokered proposed resale of vested RSU shares, not a completed sale.

Form 144 is a regulatory notice used by affiliates to report proposed sales of restricted or control securities. The filing here identifies 5,270 shares acquired on April 15, 2025 upon RSU vesting and notes the involvement of Morgan Stanley Smith Barney LLC.

Cash‑flow details, sale timing, and pricing are not included in the excerpt; subsequent transaction details would appear in trading records or separate filings if and when the sale occurs.

Key Figures

Shares proposed for sale: 5,270 shares Grant date: April 15, 2025 Exchange referenced: NYSE

3 metrics

Shares proposed for sale 5,270 shares acquired upon RSU vesting on April 15, 2025

Grant date April 15, 2025 restricted stock units grant/vesting date

Exchange referenced NYSE exchange listed in the filing excerpt

Key Terms

restricted stock units (RSUs), Form 144, proposed resale

3 terms

restricted stock units (RSUs) financial

"The Common Stock was acquired upon the vesting of restricted stock units"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

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.

proposed resale financial

"144: Securities To Be Sold | The Common Stock was acquired upon the vesting"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Morgan Stanley Smith Barney LLC 1 New York Plaza 8th Floor New York NY 10004	475	12996.00	332654814	04/16/2026	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	04/15/2025	The Common Stock was acquired upon the vesting of restricted stock units granted on April 15, 2025.	The Issuer			5270	04/15/2025	Services rendered to the Issuer

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does SARO's Form 144 report?

The filing reports a proposed sale of 5,270 shares of Common Stock. The shares were acquired upon vesting of restricted stock units on April 15, 2025, and the filing lists Morgan Stanley Smith Barney LLC and the NYSE in the excerpt.

How were the 5,270 SARO shares acquired?

They were acquired upon the vesting of restricted stock units granted on April 15, 2025. The excerpt explicitly ties the acquisition to RSU vesting for services rendered to the issuer.

Does the Form 144 show who will receive the sale proceeds for SARO?

The excerpt does not state proceeds allocation. It lists the securities and acquisition details but does not provide information about sale proceeds or their recipient in the visible text.

Is the SARO transaction completed or only proposed?

Form 144 is a notice of a proposed resale of securities; the excerpt lists the shares to be sold but does not document a completed sale or trade execution details.