Insider sales reported for SND (SND): 250k shares sold; 249,948 pre-IPO resale

Rhea-AI Filing Summary

SND insider filing reports proposed and recent sales of Class A Common stock under Rule 144.

The filing lists a proposed sale of 249,948 shares linked to a Pre-IPO investment dated 09/13/2011 and records prior sales of 100,000 shares on 03/04/2026 and 150,000 shares on 03/05/2026 by Frank Porcelli.

Insights

Securities Compliance Counsel

Routine Rule 144 notice showing past sales and a pre-IPO resale declaration.

The filing lists a Proposed sale of 249,948 Class A Common shares dated 09/13/2011 and two prior dispositions of 100,000 and 150,000 shares on 03/04/2026 and 03/05/2026 respectively. This matches the form's purpose of documenting restricted/controlled share resale under Rule 144.

Key dependencies include compliance with Rule 144 holding-period, volume, and manner-of-sale limits; the filing itself does not state how remaining resale proceeds or volume constraints will be addressed in market transactions.

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	50000	189018.1	43539189	03/09/2026	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	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
Frank Porcelli 211 Polo Lane Lawrence NY 11559	Class A Common	03/05/2026	150000	603380

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 filing show about proposed sales?

It shows a proposed resale of 249,948 Class A Common shares dated 09/13/2011. The filing identifies the shares as a Pre-IPO investment and lists cash as the consideration method.

Which recent sales are reported in the SND filing?

The filing records sales of 100,000 shares on 03/04/2026 and 150,000 shares on 03/05/2026. Both transactions are listed under "Securities Sold During The Past 3 Months" for Frank Porcelli.

Who is the reporting person in the SND Form 144?

The filing names Frank Porcelli with an address in Lawrence, NY as the reporting person. His recent reported dispositions total 250,000 shares across two dates in March 2026.

Does the SND filing state proceeds or sale method for the reported transactions?

The excerpt lists Cash for the 09/13/2011 Pre-IPO investment entry. The March 2026 sale rows do not state proceeds or detailed sale methods in the provided excerpt.

Are the reported shares part of an issuer offering or resale?

The document classifies the 249,948 shares as tied to a Pre-IPO investment and marks the transaction type as Issuer in the provided row, indicating the original acquisition context rather than a primary new issuance.