[144] Shimmick Corporation SEC Filing

Q: What does Form 144 for SHIM disclose?

The Form 144 notifies a proposed sale of 10,500 common shares via TD Securities with an aggregate market value of $33,393.15 and an approximate sale date of 08/28/2025 .

Q: Who is the seller named in the filing for SHIM?

The filing identifies prior sales by Mitchell B. Goldsteen and shows the securities to be sold were originally acquired from GOHO LLC on 12/09/2020 .

Q: How many shares outstanding does the filing show for SHIM?

The filing lists 34,361,459 shares outstanding.

Q: From whom and when were the shares proposed for sale acquired?

The shares were acquired in a private acquisition from GOHO LLC on 12/09/2020 , with an indicated amount acquired of 21,908,800 .

Filing Impact

(Low)

Filing Sentiment

(Neutral)

Form Type

144

Rhea-AI Filing Summary

Shimmick Corporation Form 144 notice reports a proposed sale of 10,500 common shares through TD Securities (USA) LLC with an aggregate market value of $33,393.15 and an approximate sale date of 08/28/2025. The filing shows these shares were acquired on 12/09/2020 in a private acquisition from GOHO LLC, and the issuer had 34,361,459 shares outstanding at the time reported. The document also discloses extensive prior sales by Mitchell B. Goldsteen across many dates in May–August 2025, including a large 30,805-share sale on 08/15/2025 for $68,679.75. The filer affirms no undisclosed material adverse information and provides standard Rule 144 representations.

Positive

Clear Rule 144 disclosure including acquisition date, broker, and planned sale date
Detailed prior-sale history provided for transparency about recent insider disposals

Negative

Significant insider selling activity by Mitchell B. Goldsteen across many dates in May–August 2025, including large single trades
Proposed sale represents additional supply following numerous recent disposals, which could be viewed unfavorably by some investors

Insights

TL;DR: Insider proposing to sell 10,500 shares after extensive prior disposals; disclosure is routine but notable for volume.

The Form 144 is a standard Rule 144 notice disclosing a proposed 10,500-share sale through TD Securities valued at $33,393.15 with an approximate sale date of 08/28/2025. The shares were acquired in a private transaction on 12/09/2020 from GOHO LLC, and the issuer's outstanding shares are listed as 34,361,459. The filing includes a long series of prior sales by Mitchell B. Goldsteen across May–August 2025, including several large transactions (for example, 30,805 shares on 08/15/2025). From a market-impact perspective this is disclosure of insider liquidity activity rather than operational news; it is material to share supply and insider intent but does not itself reveal company performance.

TL;DR: Proper Rule 144 compliance documented; frequency and size of insider sales merit governance attention.

The filing documents compliance with Rule 144 requirements: acquisition details (12/09/2020 from GOHO LLC), the planned broker (TD Securities), and the representation that no undisclosed material adverse information exists. The extensive list of prior disposals by the same person suggests sustained insider selling activity. While filings like this do not imply misconduct, board/governance stakeholders often monitor recurring large insider sales for context around executive compensation, diversification, or potential concerns. The disclosure itself is thorough and meets reporting expectations.

08/28/2025 - 04:17 PM

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

TD SECURITIES (USA) LLC
125 PARK AVE, 20TH FLOOR
New York NY 10017

10500

33393.15

34361459

08/28/2025

NASDAQ

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

12/09/2020

Private Acquisition

GOHO LLC

21908800

12/09/2020

Private Acquisition

* 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

Name and Address of Seller

Title of Securities Sold

Date of Sale

Amount of Securities Sold

Gross Proceeds