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Seneca Foods officer plans $329K stock sale

Seneca Foods Corp (SENEA) received a notice that officer Dean E. Erstad intends to sell Class A Common Stock under Rule 144.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Seneca Foods Corp (SENEA) received a notice that officer Dean E. Erstad intends to sell Class A Common Stock under Rule 144. The notice covers 1,587 shares of Class A Common Stock, with an aggregate market value of $328,985.10, relative to 5,221,238 shares of Class A Common Stock outstanding as of September 2, 2026.

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Shares covered by Rule 144 notice 1,587 shares Class A Common Stock listed in the securities information section
Aggregate market value of shares $328,985.10 Total market value for 1,587 Class A shares in the notice
Class A shares outstanding 5,221,238 shares Shares of Class A Common Stock outstanding as of September 2, 2026
Restricted Stock Award on August 10, 2021 474 shares Class A Common Stock Restricted Stock Award granted by the issuer
Restricted Stock Award on August 12, 2022 441 shares Class A Common Stock Restricted Stock Award granted by the issuer
Restricted Stock Award on August 9, 2023 456 shares Class A Common Stock Restricted Stock Award granted by the issuer
Restricted Stock Award on August 7, 2024 216 shares Class A Common Stock Restricted Stock Award granted by the issuer
Form 144 signature date September 2, 2026 Date signed by Dean E. Erstad on the notice of proposed sale
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Award financial
"Class A Common Stock | 08/10/2021 | Restricted Stock Award | Issuer"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Class A Common Stock financial
"Class A Common Stock | Computershare P.O. Box 43006 Providence RI 02940"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

FAQ

What does the Form 144 filing for SENEA disclose?

It discloses that officer Dean E. Erstad has filed a notice of proposed sale under Rule 144 for 1,587 shares of Seneca Foods Corp Class A Common Stock, with an aggregate market value of $328,985.10.

How many Seneca Foods Corp (SENEA) shares are covered by this Rule 144 notice?

The notice covers 1,587 shares of Seneca Foods Corp Class A Common Stock, listed with an aggregate market value of $328,985.10 on the NASDAQ market line in the filing.

What is the aggregate market value of the SENEA shares in this Form 144?

The aggregate market value associated with the 1,587 shares of Seneca Foods Corp Class A Common Stock in this Form 144 notice is $328,985.10, as stated in the securities information section.

How many Seneca Foods Corp Class A shares are outstanding in this filing?

The filing states that there are 5,221,238 shares of Seneca Foods Corp Class A Common Stock outstanding as of September 2, 2026; this is a baseline figure, not the amount being sold.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

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