SARO shareholder (SARO) files Rule 144 to sell 15000 common shares

Rhea-AI Filing Summary

SARO has a shareholder planning to sell 15000 shares of common stock under Rule 144. The planned sale, through Morgan Stanley Smith Barney LLC on the NYSE, has an aggregate market value of 444600.00 and is targeted for approximately 01/05/2026. The filing notes that 334470264 shares of this class were outstanding.

The 15000 shares were originally acquired on 04/04/2019 directly from the issuer as an investment, with full payment made in cash on that date. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse 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

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	15000	444600.00	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			15000	04/04/2019	Cash

* 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 SARO’s Rule 144 notice disclose about the planned share sale?

The notice states that a holder of SARO common stock plans to sell 15000 shares under Rule 144. The sale is to be executed through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value listed as 444600.00 and an approximate sale date of 01/05/2026.

How many SARO shares are outstanding according to this Rule 144 filing?

The filing reports that the number of shares outstanding for the class of common stock involved in the sale is 334470264.

When and how were the SARO shares being sold under Rule 144 originally acquired?

The 15000 common shares were acquired on 04/04/2019 in an investment shares - self purchased transaction from the issuer, with the table indicating that payment was made on the same date in cash.

What representation does the seller make about SARO’s non-public information?

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

Which broker is handling the planned SARO Rule 144 sale and on which exchange?

The planned sale of SARO common shares is to be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, and is listed to occur on the NYSE.

How does this SARO Rule 144 filing describe the securities class involved?

The securities to be sold are described as Common stock in the section titled Title of the Class of Securities To Be Sold and again as Common in the acquisition details.