Insider sale reported for Class A Subordinate Voting Shares

Solium Capital Inc. reported an insider sale notice for Class A Subordinate Voting Shares.

Rhea-AI Filing Summary

Solium Capital Inc. reported an insider sale notice for Class A Subordinate Voting Shares. The filing shows three small dispositions by Jean Niehaus—410 shares on 03/30/2026, 412 shares on 04/28/2026 and 392 shares on 05/28/2026—and discloses the vesting of 3,288 RSUs on 06/22/2026.

Insights

Corporate Governance Analyst

Routine insider disposition with upcoming RSU vesting; no major change to capital structure.

The filing lists three modest sales by Jean Niehaus totaling 1,214 shares across March–May 2026 and an issuer-side note that 3,288 RSUs vest on 06/22/2026. The amounts appear clerical and small relative to typical company floats.

Future filings may show whether vested RSUs are sold or retained; cash‑flow treatment is not stated in the excerpt.

Key Figures

RSUs vesting: 3,288 shares Sale on 03/30/2026: 410 shares Sale on 04/28/2026: 412 shares +1 more

4 metrics

RSUs vesting 3,288 shares vesting on <date>06/22/2026

Sale on 03/30/2026 410 shares sale by Jean Niehaus on <date>03/30/2026 with $45,780.35 shown

Sale on 04/28/2026 412 shares sale by Jean Niehaus on <date>04/28/2026 with $50,884.88 shown

Sale on 05/28/2026 392 shares sale by Jean Niehaus on <date>05/28/2026 with $43,077.90 shown

Key Terms

RSU, Form 144, Class A Subordinate Voting Shares

3 terms

RSU financial

"06/22/2026 | Vesting of RSUs | Issuer"

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

Form 144 regulatory

"144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Class A Subordinate Voting Shares financial

"Class A Subordinate Voting Shares | Solium Capital Inc."

Class A subordinate voting shares are a type of common stock that carries limited voting power compared with a superior share class; holders own the economic interest in the company but usually have less influence over major decisions than holders of higher-vote shares. For investors this matters because these shares can trade at different prices and offer the same upside and dividend rights but less control—like owning a seat on a bus instead of the driver’s seat.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did the SHOP Form 144 disclose about Jean Niehaus?

The Form 144 discloses three disposals: 410 shares on 03/30/2026, 412 shares on 04/28/2026, and 392 shares on 05/28/2026. It records each sale with a corresponding dollar amount in the excerpt.

How many RSUs vest according to the filing for SHOP-class shares?

The filing states 3,288 RSUs vest on 06/22/2026. This vesting event is listed under "Securities To Be Sold" with the issuer as the holder.

Does the Form 144 state proceeds or prices for the reported sales?

The excerpt shows dollar figures next to each sale (for example, $45,780.35 for the 410‑share sale). The filing pairs each share count with a numeric amount in the same line.

Who is the issuer named in the filing and what security is referenced?

The issuer is listed as Solium Capital Inc. and the security referenced is Class A Subordinate Voting Shares traded on NASDAQ in the provided excerpt.

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

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Accepted by SEC EDGAR 06/22/2026 - 06:50 AM Learn about SEC filing dates

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	0002093214
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Shopify Inc.
SEC File Number
Address of Issuer	151 O'Connor St. Ground Floor Ottawa ONTARIO, CANADA K2P 2L8
Phone	6132412828
Name of Person for Whose Account the Securities are To Be Sold	Jean Niehaus
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	Officer

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
Class A Subordinate Voting Shares	Solium Capital Inc. Suite 1500 600-3rd Ave., SW Calgary A0 T2P 0G5	1307	141469.68	1219581025	06/22/2026	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 *
Class A Subordinate Voting Shares	06/22/2026	Vesting of RSUs	Issuer			3288	06/22/2026	Vesting of RSUs

* 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
Jean Niehaus 151 O'Connor St. Ground Floor Ottawa A6 K2P 2L8	Class A Subordinate Voting Shares	03/30/2026	410	45780.35
Jean Niehaus 151 O'Connor St. Ground Floor Ottawa A6 K2P 2L8	Class A Subordinate Voting Shares	04/28/2026	412	50884.88
Jean Niehaus 151 O'Connor St. Ground Floor Ottawa A6 K2P 2L8	Class A Subordinate Voting Shares	05/28/2026	392	43077.9

144: Remarks and Signature

Remarks	Aggregate market value calculated using June 12, 2026 closing price of $108.24 per share. Number of shares outstanding as of May 1, 2026. Sales to be made cover taxes and fees resulting from the vesting of RSUs. Dates of sale reflect a three month period starting on June 22, 2026.
Date of Notice	06/22/2026
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	Jean Niehaus
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)