Frank Porcelli sale reported in SND (NASDAQ: SND) Form 144 filing

Rhea-AI Filing Summary

SND issuer lists Class A Common resale details and a recent Form 144 sale. The filing names UBS Financial Services Inc in the filer block and lists three grant/issuance lines: 08/23/2024 (16,364 shares), 02/22/2025 (46,392 shares) and a 09/13/2011 pre-IPO investment (249,948 shares, Cash).

The filing also records that Frank Porcelli sold 100,000 Class A Common shares on 03/04/2026.

Insights

Corporate Governance Analyst

Routine resale disclosure; no material change to company fundamentals.

The Form 144 lists planned/reserved transfers and reports an actual sale by Frank Porcelli of 100,000 Class A Common shares on 03/04/2026.

These entries document transfer methods and historical grants (including a 09/13/2011 pre-IPO cash investment). Impact on capitalization is not quantified in the excerpt; subsequent filings may provide outstanding/share-count context.

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 Common	UBS Financial Services Inc 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	150000	603380	43538189	03/05/2026	NASD

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 Common	08/23/2024	Board Compensation	Issuer			16364	08/23/2024	n/a
Class A Common	02/22/2025	Board Compensation	Issuer			46392	02/22/2025	n/a
Class A Common	09/13/2011	Pre-IPO Investment	Issuer			249948	09/13/2011	Cash

* 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
Frank Porcelli 211 Polo Lane Lawrence NY 11559	Class A Common	03/04/2026	100000	402785

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 SND Form 144 disclose about recent sales?

The Form 144 reports that Frank Porcelli sold 100,000 Class A Common shares on 03/04/2026. The filing lists this transaction without providing post-sale ownership or proceeds information.

Who is listed as the filer or intermediary on the SND Form 144?

The filer block names UBS Financial Services Inc with an address in Weehawken, NJ. The document provides that entity as the broker/intermediary in the filer section.

What scheduled or issued securities are listed on this filing for SND?

The filing lists three Class A Common entries: 16,364 shares dated 08/23/2024, 46,392 shares dated 02/22/2025, and a 249,948-share pre-IPO investment dated 09/13/2011 (cash).

Does the Form 144 disclose cash proceeds or ownership after the sale?

No. The excerpt states the sale quantity and date (100,000 shares on 03/04/2026) but does not disclose cash proceeds or the seller's remaining beneficial ownership.