Scienjoy Holding (NASDAQ: SJ) files Form 144 to offer 30,000 Class A shares

Rhea-AI Filing Summary

Scienjoy Holding Corporation submitted a Form 144 notice to sell 30,000 Class A ordinary shares.

The filing lists two tranches tied to employee plans: 19,600 shares dated 06/02/2022 and 10,400 shares dated 11/18/2022, described as cashless transactions. The shares are identified as Class A ordinary shares for sale on NASDAQ.

Insights

Securities Counsel

Form 144 notice for proposed resale of 30,000 Class A shares by Scienjoy.

The filing is a Rule 144 notice showing proposed resale of 30,000 Class A ordinary shares, comprised of two ESOP-related cashless tranches dated 06/02/2022 and 11/18/2022. Rule 144 notices are administrative disclosures of intent to sell restricted or control securities and do not by themselves effect a sale.

Transferability and timing depend on Rule 144 conditions and market mechanics; the filing does not state pricing, purchaser, or whether sales have occurred. Subsequent trade reports or Form 4/Form 5 entries would show completed transactions.

Key Figures

Shares proposed for resale: 30,000 shares ESOP tranche 1: 19,600 shares ESOP tranche 2: 10,400 shares +2 more

5 metrics

Shares proposed for resale 30,000 shares Aggregate amount listed on Form 144

ESOP tranche 1 19,600 shares Dated <date>06/02/2022</date>, cashless

ESOP tranche 2 10,400 shares Dated <date>11/18/2022</date>, cashless

NASDAQ listing NASDAQ Market identified for the securities

Form reference date 06/08/2026 Date shown in filer information

Key Terms

Form 144, cashless, ESOP

3 terms

Form 144 regulatory

"Filer Information | 144: Filer Information"

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.

cashless financial

"Cashless Class A ordinary shares | 11/18/2022"

A cashless transaction is any deal settled without exchanging physical money; value is transferred by swapping or adjusting securities, like shares or options, rather than paying cash. For investors this matters because cashless settlements preserve a company’s cash balance but can change share counts or ownership percentages, affecting dilution, earnings per share and the value of holdings—similar to trading goods for goods instead of using cash at checkout.

ESOP financial

"06/02/2022 | ESOP | SCIENJOY HOLDING CORPORATION"

An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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
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
Class A ordinary shares	Tiger Brokers (NZ) Limited Level 27/151 Queen Street Auckland CBD Q2 Auckland Q2 1010	30000	34200.00	39537710	06/08/2026	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 ordinary shares	06/02/2022	ESOP	SCIENJOY HOLDING CORPORATION			19600	06/02/2022	Cashless
Class A ordinary shares	11/18/2022	ESOP	SCIENJOY HOLDING CORPORATION			10400	11/18/2022	Cashless

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Scienjoy's Form 144 for SJ mean?

It notifies the SEC of a proposed resale of 30,000 Class A ordinary shares. The filing lists two ESOP-related cashless tranches of 19,600 and 10,400 shares dated 06/02/2022 and 11/18/2022 respectively.

Has Scienjoy (SJ) completed the share sales listed in Form 144?

The form indicates intent to sell but does not confirm completion. Form 144 notifies proposed resale; separate trade reports or subsequent filings would disclose whether the sales were executed.

Who is the selling party in the SJ Form 144 filing?

The filing identifies Scienjoy Holding Corporation as the selling holder. The notice ties the shares to ESOP-related cashless issuances dated 06/02/2022 and 11/18/2022.

How many Class A shares does Scienjoy plan to sell according to the filing?

The filing lists an aggregate of 30,000 Class A ordinary shares for proposed resale. This total is shown as two cashless ESOP tranches: 19,600 and 10,400 shares.

Does the Form 144 state the sale price or proceeds for SJ shares?

No price or proceeds are provided in the excerpt. The notice lists share counts and dates but does not disclose pricing, purchasers, or expected proceeds.