STOCK TITAN

SARO shareholder (NYSE: SARO) files Rule 144 to sell 160,000 shares

(Neutral)
(Neutral)
Form Type
144

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.

Positive

  • None.

Negative

  • None.
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
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.
Investment Shares - Self Purchased financial
"Investment Shares - Self Purchased | Issuer | | | 160000"
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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

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.

At what aggregate value are the SARO shares being registered for sale?

The filer plans to sell 160,000 SARO common shares at an aggregate market value of $4,689,600.00. The sale is to occur on the NYSE, and the filing notes that SARO has 332,471,972 shares outstanding as a context figure.

When were the SARO shares in this Form 144 originally acquired?

The 160,000 SARO common shares covered by this Form 144 were acquired on 04/04/2019 as “Investment Shares - Self Purchased.” The issuer is identified as the source of these shares, and they are now being registered for potential sale under Rule 144.

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.

On which market are the SARO shares in this Form 144 expected to be sold?

The 160,000 SARO common shares covered by this Form 144 are expected to be sold on the NYSE. The sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services after the stated date of August 3, 2026.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature