SARO (NYSE: SARO) insider plans Rule 144 sale of 160,000 common shares

Rhea-AI Filing Summary

SARO has a shareholder planning to sell 160,000 shares of its common stock under Rule 144. The shares are to be sold through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $4,742,400.00 based on the figures provided and an approximate sale date of 01/05/2026.

The seller originally acquired the 160,000 shares on 04/04/2019 as self-purchased investment shares directly from the issuer and paid in full in cash. The notice cites 334,470,264 shares of the issuer’s stock outstanding and includes the standard representation that the seller is not aware of any material adverse, nonpublic information about the issuer’s current or prospective operations.

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

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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	160000	4742400.00	334470264	01/05/2026	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	04/04/2019	Investment Shares - Self Purchased	Issuer			160000	04/04/2019	N/A

* 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

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 the SARO Rule 144 notice disclose?

It discloses that a SARO shareholder plans to sell 160,000 shares of common stock under Rule 144 through a broker on the NYSE.

How many SARO shares are planned for sale and what is their value?

The notice covers 160,000 common shares with an aggregate market value of $4,742,400.00 based on the information provided.

When are the SARO shares expected to be sold and on which exchange?

The approximate sale date is listed as 01/05/2026, and the shares are to be sold on the NYSE.

How and when were the SARO shares originally acquired?

The 160,000 shares were acquired on 04/04/2019 as investment shares self-purchased from the issuer, with payment made in full in cash.

How many SARO shares are outstanding according to the notice?

The notice cites 334,470,264 SARO common shares as outstanding.

Does the SARO shareholder make any representations about inside information?

Yes. By signing, the seller represents that they do not know any material adverse information about SARO’s current or prospective operations that has not been publicly disclosed.