SARO shareholder (NYSE: SARO) files Rule 144 to sell 160,000 shares
Rhea-AI Filing Summary
A shareholder of the issuer with ticker SARO filed a notice to sell 160,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on or after 08/03/2026 on the NYSE, with an aggregate market value of $4,689,600.00. The shares were originally acquired on 04/04/2019 as self-purchased investment shares. The notice also lists prior 10b5-1 sales by RSSA FORD FAMILY LLC in July 2026, including four transactions of 40,000 shares each.
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Key Figures
Shares to be sold: 160,000 shares
Aggregate market value: $4,689,600.00
Shares outstanding: 332,471,972 shares
+5 more
8 metrics
Shares to be sold
160,000 shares
Common stock covered by the Form 144 notice
Aggregate market value
$4,689,600.00
Value of 160,000 common shares to be sold
Shares outstanding
332,471,972 shares
Issuer’s common shares outstanding as context for the sale
Acquisition date of shares
04/04/2019
Date the 160,000 investment shares were self-purchased
10b5-1 sale 1
40,000 shares; $1,209,324.00
Common shares sold on 07/01/2026 by RSSA FORD FAMILY LLC
10b5-1 sale 2
40,000 shares; $1,209,640.00
Common shares sold on 07/02/2026 by RSSA FORD FAMILY LLC
10b5-1 sale 3
40,000 shares; $1,217,644.00
Common shares sold on 07/06/2026 by RSSA FORD FAMILY LLC
10b5-1 sale 4
40,000 shares; $1,204,700.00
Common shares sold on 07/07/2026 by RSSA FORD FAMILY LLC
Key Terms
10b5-1, Investment Shares - Self Purchased, Executive Financial Services, Securities Sold During The Past 3 Months
4 terms
10b5-1 regulatory
"10b5-1 Sales for RSSA FORD FAMILY LLC 6710 North Scottsdale Road"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
Securities Sold During The Past 3 Months regulatory
"144: Securities Sold During The Past 3 Months"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What size Rule 144 sale is being filed for issuer SARO?
The filing covers a planned sale of 160,000 common shares of SARO. These shares have an aggregate market value of $4,689,600.00 and are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on or after August 3, 2026.
What recent 10b5-1 plan sales are disclosed for SARO?
The filing lists 10b5-1 sales for RSSA FORD FAMILY LLC of 40,000 SARO common shares on each of 07/01/2026, 07/02/2026, 07/06/2026, and 07/07/2026, with aggregate proceeds ranging from about $1,204,700.00 to $1,217,644.00 per transaction.