SARO (NYSE: SARO) files Form 144 for 3,393 vested shares resale

Rhea-AI Filing Summary

SARO submitted a Form 144 notice relating to 3,393 shares of Common Stock acquired upon the vesting of restricted stock units on 04/15/2025. The filing lists Morgan Stanley Smith Barney LLC as the broker and includes identifying data such as a CUSIP (332654814) and an NYSE listing; the submission appears administrative under Rule 144 for resale of vested restricted shares.

Key Figures

Shares reported: 3,393 shares Vesting date: 04/15/2025 Filing/receipt date: 04/16/2026 +1 more

4 metrics

Shares reported 3,393 shares Securities To Be Sold, acquired upon RSU vesting

Vesting date 04/15/2025 Date RSUs vested and securities acquired

Filing/receipt date 04/16/2026 Date shown near filer information block

CUSIP 332654814 Identifier listed with securities information

Key Terms

restricted stock units, Form 144, vesting

3 terms

restricted stock units financial

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

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

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.

vesting financial

"acquired upon the vesting of restricted stock units granted on April 15, 2025"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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 NY NY 10004	390	10670.40	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			3393	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?

It reports a planned resale of 3,393 vested shares of Common Stock. The shares were acquired upon RSU vesting on 04/15/2025, and the filing names Morgan Stanley Smith Barney LLC as broker with CUSIP 332654814.

When were the reported shares for SARO acquired?

The shares were acquired on 04/15/2025 upon RSU vesting. The filing states the Common Stock resulted from restricted stock units granted and vested on that date as compensation for services.

How many shares does the SARO Form 144 cover?

The Form 144 covers 3,393 shares of Common Stock. That quantity appears in the filing's "Securities To Be Sold" section tied to the 04/15/2025 vesting event.

Which broker is listed on SARO's Form 144?

Morgan Stanley Smith Barney LLC is named as the broker. The filing provides the broker's address and identifies NYSE trading and a CUSIP number for the reported Common Stock.

Does the Form 144 indicate why the shares were issued?

Yes — the shares were issued upon vesting of restricted stock units. The filing explicitly states the Common Stock was acquired on 04/15/2025 as compensation for services rendered to the issuer.