SharkNinja (NYSE: SN) director proposes $900K stock sale
Rhea-AI Filing Summary
SharkNinja, Inc. (SN) has a notice of proposed sale of restricted securities under Rule 144. Director Peter Feld, through Fidelity Brokerage Services LLC as broker, has filed to potentially sell up to 5,000 shares of SharkNinja common stock. These shares were acquired from the issuer via restricted stock vesting on July 28, 2024 and are proposed to be sold on or about August 20, 2026 on the NYSE, with an indicated aggregate market value of $900,000.00, subject to Rule 144 requirements and limitations.
Positive
- None.
Negative
- None.
Key Figures
Shares proposed to be sold: 5,000 shares
Aggregate market value: $900,000.00
Acquisition date of shares: 07/28/2024
+1 more
4 metrics
Shares proposed to be sold
5,000 shares
Common stock of SharkNinja, Inc. covered by the Form 144 notice
Aggregate market value
$900,000.00
Indicated value for the 5,000 shares proposed for sale
Acquisition date of shares
07/28/2024
Date restricted stock vested from SharkNinja, Inc. to Peter Feld
Proposed sale date
08/20/2026
Date listed for potential sale of shares on the NYSE
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 07/28/2024 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Peter Feld"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does this Form 144 filing mean for SharkNinja, Inc. (SN)?
The filing indicates that director Peter Feld has given notice of a potential sale of 5,000 shares of SharkNinja common stock under Rule 144. It signals an intention, not a guarantee, that these shares may be sold in compliance with Rule 144 conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.