Super League (SLE) Form 144: Converted Shares for Sale and Recent Insider Dispositions

Rhea-AI Filing Summary

Form 144 notice for Super League Enterprise, Inc. (SLE). The filer reports a proposed sale of 8,404 common shares with an aggregate market value of $47,675.85, against 1,078,043 shares outstanding. The shares were acquired on 11/19/2024 through conversion of Series AAAA convertible preferred stock and the approximate sale date is 09/29/2025 on NASDAQ.

The filing also discloses completed sales during the preceding three months by Michael Keller totaling 45,738 common shares for combined gross proceeds of $294,816.02 (sales on 09/24/2025, 09/25/2025 and 09/26/2025). The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.

Positive

• Clear Rule 144 disclosure including acquisition method, sale dates, broker and exchange information
• Prior sales fully itemized with dates and gross proceeds totaling $294,816.02

Negative

• Insider sales of 45,738 shares occurred in the prior three months, representing a notable disposition of shares by an insider
• Proposed sale of 8,404 shares will increase insider share supply to market

Insights

Securities Analyst

TL;DR: Insider is disposing of converted shares; recent near-term sales generated material cash proceeds.

The filing documents a planned sale of 8,404 common shares converted from preferred stock and reports prior insider sales of 45,738 shares that produced $294,816.02 in gross proceeds. For investors, the filing shows insider liquidity events but contains no new operational or financial information about the issuer. The information is procedural and consistent with Rule 144 notification requirements.

Compliance/Risk Analyst

TL;DR: Disclosure appears compliant with Rule 144; includes conversion details and recent sale dates.

The form states the acquisition method (conversion on 11/19/2024), payment/date details, and the broker/exchange for the proposed sale, meeting key disclosure points required by Rule 144. The filer affirms no undisclosed material adverse information. No regulatory exceptions, litigation, or unusual payment arrangements are disclosed in this notice.

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	8404	47675.85	1078043	09/29/2025	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			8404	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	Common Stock	09/24/2025	30000	219497.32
Michael Keller 2450 Colorado Ave, Suite 100E Santa Monica CA 90404	Common Stock	09/25/2025	10000	52449.67
Michael Keller 2450 Colorado Ave Suite 100E Santa Monica CA 90404	Common Stock	09/26/2025	5738	28869.03

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 disclose about the proposed sale?

The notice reports a proposed sale of 8,404 common shares (aggregate market value $47,675.85) to be sold approximately on 09/29/2025 on NASDAQ.

When and how were the shares being sold acquired?

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

What insider sales in the past three months does the filing report?

Michael Keller sold 30,000, 10,000, and 5,738 common shares on 09/24/2025, 09/25/2025, and 09/26/2025 respectively, for total gross proceeds of $294,816.02.

Does the filing state any undisclosed material information about SLE?

The filer represents by signature that they do not know of any material adverse information about the issuer that has not been publicly disclosed.

Where will the proposed sale be executed?

The filing specifies the sale is to occur on NASDAQ through the listed broker (Rockefeller Capital Management, Los Angeles address).