Planned sale of 100,000 SN shares worth $12.9M (NYSE: SN)

Rhea-AI Filing Summary

A shareholder has filed a notice of proposed sale on Form 144 covering 100,000 Ordinary Shares to be sold on the NYSE through J.P. Morgan Securities LLC. The filing lists an aggregate market value of $12,902,000 for these shares and notes that 140,347,436 shares were outstanding at the time referenced. The shares were acquired on 04/29/2024 via a transfer from Neil Shah to Shah Family Partners LP, with the consideration described as a transfer. This is a planned sale by an existing holder and does not represent the issuance of new shares by the company.

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
Ordinary Shares	J.P. Morgan Securities LLC 270 Park Avenue - 10th Floor New York NY 10017	100000	12902000	140347436	02/13/2026	NYSE

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 *
Ordinary Shares	04/29/2024	Transfer	Neil Shah who acquired shares from issuer and transferred to Shah Family Partners LP			100000	04/29/2024	Transfer

* 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 the Form 144 filing for SN disclose?

The Form 144 discloses a planned sale of 100,000 Ordinary Shares on the NYSE. The shares have an aggregate market value of $12,902,000 and are held by an existing shareholder, not newly issued by the company.

How many SN shares are planned to be sold under this Form 144?

The filing covers a proposed sale of 100,000 Ordinary Shares. These shares are to be sold through J.P. Morgan Securities LLC and are listed with an aggregate market value of $12,902,000 at the time indicated in the notice.

What is the market value of the SN shares covered by this Form 144?

The Form 144 lists an aggregate market value of $12,902,000 for the 100,000 Ordinary Shares to be sold. This value reflects the market pricing at the time referenced and helps indicate transaction size relative to normal trading.

When are the SN shares expected to be sold according to the Form 144?

The filing states an approximate sale date of 02/13/2026 for the 100,000 Ordinary Shares. This date represents the anticipated timing for the sale on the NYSE, subject to market conditions and applicable securities rules.

How many SN shares were outstanding relative to this planned sale?

The notice reports 140,347,436 shares outstanding when the Form 144 was prepared. This outstanding share figure provides context for the 100,000-share planned sale, showing its scale relative to the total equity base.

How were the SN shares being sold under Form 144 originally acquired?

The 100,000 Ordinary Shares were acquired on 04/29/2024 via a transfer from Neil Shah to Shah Family Partners LP. The Form 144 describes both the acquisition and payment nature simply as a “Transfer.”