Super League (SLE) Insider Notice: 10,000 Shares Converted and To Be Sold

Rhea-AI Filing Summary

Form 144 notice for Super League Enterprise, Inc. (SLE) reports a proposed sale of 10,000 shares of common stock, with an aggregate market value of $53,000.00, from securities acquired on 11/19/2024 by conversion of Series AAAA convertible preferred into common stock. The filing lists 1,078,043 shares outstanding and an approximate sale date of 09/25/2025 on NASDAQ. The acquisition record shows the shares were converted from the issuer and payment information cites 07/18/2025 as a payment date entry. The filing also discloses a sale during the past three months: Michael Keller sold 30,000 shares on 09/24/2025 for gross proceeds of $219,497.32. Certain issuer contact fields in the form are not populated.

Positive

• Transparent disclosure of a proposed Rule 144 sale detailing amount, acquisition method, and approximate sale date
• Conversion noted: the 10,000 shares were acquired via conversion of Series AAAA convertible preferred into common stock, clarifying origin of securities

Negative

• Insider selling activity disclosed: Michael Keller sold 30,000 shares on 09/24/2025 for $219,497.32
• Issuer identification fields are blank in the filing (issuer name, SEC file number, issuer address), limiting external verification

Insights

Securities Analyst

TL;DR: Insider-related shares converted from preferred stock are set for sale; recent insider sale of 30,000 shares also disclosed.

The filing documents a proposed sale of 10,000 common shares converted from Series AAAA preferred stock, valued at $53,000, representing roughly 0.9% of outstanding shares (10,000 of 1,078,043). The conversion-to-sale timeline and a recent 30,000-share sale by Michael Keller suggest disposition of previously restricted securities. This is a routine Rule 144 disclosure that provides transparency into insider liquidity but does not by itself indicate operational changes or material corporate events.

Corporate Governance Expert

TL;DR: Form 144 shows compliant disclosure but missing issuer contact details reduce traceability.

The notice complies with Rule 144 formatting by reporting the class, amount, acquisition method and contemplated sale date. However, several issuer identification fields (name, SEC file number, issuer address) are blank, which limits immediate verification. The representation that the seller knows of no undisclosed material adverse information is present, as required. For investors, the filing signals insider liquidity while remaining a routine disclosure rather than a governance red flag.

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
Common	Rockefeller Capital Management 2000 Avenue of the Starts, Suite 530-N Los Angeles CA 90067	10000	53000.00	1078043	09/25/2025	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	11/19/2024	Conversion of Series AAAA - Convertible Preferred into Common stock	Issuer			10000	07/18/2025	n/a

* 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
Michael Keller 2450 Colorado Ave, Suite 100E Santa Monica CA 90404	30,000	09/24/2025	30000	219497.32

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 the SLE Form 144 report?

The filing reports a proposed sale of 10,000 common shares (aggregate value $53,000.00) with an approximate sale date of 09/25/2025 on NASDAQ.

How were the 10,000 SLE shares acquired?

The shares were acquired on 11/19/2024 by conversion of Series AAAA convertible preferred into common stock.

Did the filer recently sell other SLE shares?

Yes. The filing discloses that Michael Keller sold 30,000 shares on 09/24/2025 for gross proceeds of $219,497.32.

What percentage of outstanding shares does the proposed sale represent?

The proposed sale of 10,000 shares versus 1,078,043 shares outstanding represents about 0.9% of outstanding common shares.

Are there any missing details in the Form 144?

Yes. Several issuer identification fields (issuer name, SEC file number, issuer address) are not populated in the provided content.