11,000 SCKT shares proposed for sale by Merrill Lynch (NASDAQ: SCKT)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Merrill Lynch filed a Rule 144 notice to sell 11,000 common shares. The filing lists 7,000 restricted stock units dated 01/07/2026 and 4,000 restricted stock units dated 02/04/2026.
Shares outstanding are shown as 7,976,462 as of 02/24/2026, providing a baseline context for the proposed sale.
Positive
- None.
Negative
- None.
Insights
Rule 144 notice filed showing proposed sale of 11,000 common shares.
The filing lists two restricted stock unit tranches: 7,000 dated 01/07/2026 and 4,000 dated 02/04/2026
Timing and exact sale mechanics are not included in the excerpt; subsequent trade details will depend on broker handling and Rule 144 conditions.
FAQ
What does the Form 144 for SCKT show?
The Form 144 shows a proposed sale of 11,000 common shares, comprised of 7,000 and 4,000 restricted stock units dated 01/07/2026 and 02/04/2026 respectively.
Who is the broker listed on the SCKT Form 144?
The filing lists Merrill Lynch with an address at 555 California St., 9th Floor, San Francisco, CA as the broker handling the proposed sale under Rule 144.
Does Form 144 confirm the sale has occurred for SCKT?
No. The Form 144 is a notice of a proposed sale under Rule 144; it does not confirm completion. The excerpt lists intended tranches but does not include executed trade details or settlement information.
Are the securities in the SCKT filing registered or restricted?
The filing lists the items as Restricted Stock Unit grants dated 01/07/2026 and 02/04/2026, indicating they are restricted instruments proposed for resale under Rule 144 procedures.