SBET Rule 144 Notice — 18,334 Common Shares Listed for Sale via Edward Jones
Rhea-AI Filing Summary
Form 144 notice for SharpLink Gaming Ltd. (SBET) shows a proposed sale of 18,334 common shares through Edward Jones with an aggregate market value of $363,929.90. The filing records the approximate sale date as 08/18/2025 on Nasdaq. The securities were acquired in compensatory transactions: 11,667 shares on 07/24/2025 (acquired from Robert Gutkowski/Sharplink) and 6,667 shares with a payment date listed as 08/26/2025. The filing reports 659,684 shares outstanding for the class. No shares were reported sold by the filer in the past three months. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.
Positive
- Disclosure completeness: Filing includes broker, share count, aggregate market value, acquisition dates, and acquisition nature.
- No recent sales: The filer reports "Nothing to Report" for securities sold in the past three months.
Negative
- Missing seller identity: The form does not explicitly name the person for whose account the securities are to be sold.
- Potential date sequencing issue: One tranche shows a payment date (08/26/2025) after the listed approximate sale date (08/18/2025) without explanation in the filing.
Insights
TL;DR: Routine Rule 144 sale notice for 18,334 shares valued at ~$364k; appears procedural rather than market-moving.
The filing documents a proposed sale under Rule 144 of 18,334 common shares through Edward Jones with an aggregate market value of $363,929.90 and lists 659,684 shares outstanding for the class. Acquisitions are described as compensatory awards from Robert Gutkowski/Sharplink dated 07/24/2025 and an additional lot with a payment date of 08/26/2025. Because the filing lists recent compensatory acquisitions and no prior sales in the past three months, this notice appears to reflect a planned disposition by an insider or related party rather than an unexpected liquidity event. The information provided is factual and limited to transaction mechanics; it does not include commentary on use of proceeds or insider identity beyond the acquisition source.
TL;DR: Compliance disclosure meets Rule 144 mechanics but raises a data sequencing note to confirm payment and sale dates align administratively.
The form contains the required elements: broker name (Edward Jones), class of securities, number of shares to be sold, aggregate market value, approximate sale date (08/18/2025), acquisition dates and nature (compensatory), and a statement that no undisclosed material adverse information is known. The filing omits the explicit name of the person for whose account the securities are to be sold, though acquisition counterparty is identified as Robert Gutkowski/Sharplink. For compliance review, reconciliation of the listed payment date (08/26/2025) for one lot with the approximate sale date (08/18/2025) would be an administrative item to confirm; the filing itself does not provide further explanation.