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Massengill Living Trust to sell 2,000 SNDK (SNDK) shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144/A

Rhea-AI Filing Summary

Massengill Living Trust filed a Rule 144/A notice to sell 2,000 shares of common stock of the SNDK issuer through Morgan Stanley Smith Barney, with an aggregate market value of 1,331,060.40. The shares are listed on NASDAQ and the approximate sale date is 02/02/2026.

The securities to be sold were acquired through restricted stock vesting under a registered plan in 2018–2020 in exchange for services rendered. Over the past three months, the trust has sold additional common shares, including 2,340 shares on 11/26/2025 for 508,394.95 and 2,816 shares on 01/06/2026 for 953,009.02.

Positive

  • None.

Negative

  • None.

144/A: Filer Information

144/A: Issuer Information

144/A: Securities Information



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/A: Securities To Be Sold


* 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/A: Securities Sold During The Past 3 Months

144/A: Remarks and Signature

FAQ

What does the SNDK Form 144/A filing by Massengill Living Trust disclose?

The filing discloses that Massengill Living Trust intends to sell 2,000 shares of SNDK common stock under Rule 144. The planned sale, via Morgan Stanley Smith Barney on 02/02/2026, has an aggregate market value of 1,331,060.40 and is listed on NASDAQ.

How many SNDK shares are covered by the new planned Rule 144 sale?

The notice covers a planned sale of 2,000 common shares of the SNDK issuer. These shares are to be sold through Morgan Stanley Smith Barney, with a disclosed aggregate market value of 1,331,060.40 and an approximate sale date of 02/02/2026 on NASDAQ.

What prior SNDK share sales has Massengill Living Trust reported in the last three months?

The trust reported several sales of SNDK common stock in the last three months, including 2,340 shares on 11/26/2025 for 508,394.95 and 2,816 shares on 01/06/2026 for 953,009.02, along with additional smaller transactions.

How were the SNDK shares being sold under this Form 144/A originally acquired?

The SNDK shares were acquired through restricted stock vesting under a registered plan. Vesting dates include 11/02/2018, 11/07/2019, and 11/13/2020, with consideration described as services rendered, reflecting equity compensation rather than cash purchases.

What is the total number of SNDK shares outstanding referenced in the filing?

The Rule 144/A notice states that the number of SNDK common shares outstanding is 146,553,179. This figure provides context for the scale of the planned 2,000-share sale relative to the issuer’s total outstanding common stock base.

Which broker is handling the planned SNDK share sale for Massengill Living Trust?

The planned sale of SNDK common stock will be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004. The filing lists NASDAQ as the securities exchange for the transaction.

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