Massengill Living Trust plans 2,000-share SNDK (NASDAQ: SNDK) sale
Rhea-AI Filing Summary
Massengill Living Trust has filed a notice to sell 2,000 shares of the issuer’s common stock, with an aggregate market value of $984,571.00, through Morgan Stanley Smith Barney LLC Executive Financial Services on or about 01/21/2026 on the NASDAQ. The issuer has 146,553,179 common shares outstanding.
The 2,000 shares to be sold were acquired as restricted stock that vested under a registered plan on 11/03/2016 (664 shares), 11/07/2019 (714 shares), and 11/15/2021 (622 shares), all as compensation for services rendered.
During the past three months, Massengill Living Trust has already sold additional common shares of the issuer, including 2,340 shares on 11/26/2025 for $508,394.95, 1,500 shares on 11/25/2025 for $335,625.00, 1,000 shares on 11/24/2025 for $225,089.00, 1,000 shares on 01/15/2026 for $421,459.40, 2,000 shares on 01/07/2026 for $693,838.60, and 2,816 shares on 01/06/2026 for $953,009.02.
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FAQ
What securities are being sold in the Form 144 for SNDK?
The notice covers the proposed sale of 2,000 shares of the issuer’s common stock, with an aggregate market value of $984,571.00, to be traded on the NASDAQ.
Who is the selling security holder in this SNDK Form 144 filing?
The selling holder is Massengill Living Trust, which is identified as the seller of the issuer’s common stock in both the proposed transaction and the sales made during the past three months.
How were the 2,000 SNDK shares to be sold originally acquired?
The 2,000 common shares were acquired as restricted stock vesting under a registered plan from the issuer, on 11/03/2016 (664 shares), 11/07/2019 (714 shares), and 11/15/2021 (622 shares), all described as consideration for services rendered.
Which broker is handling the proposed SNDK share sale?
The proposed sale of 2,000 common shares is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.
When is the proposed sale of SNDK shares expected to occur?
The filing lists an approximate date of sale of 01/21/2026 for the 2,000 common shares covered by this notice.
How many SNDK shares are outstanding according to this Form 144?
The filing states that there are 146,553,179 common shares of the issuer outstanding at the time of the notice.
What SNDK share sales has Massengill Living Trust made in the past 3 months?
The trust sold common shares on multiple dates, including 2,340 shares on 11/26/2025 for $508,394.95, 1,500 shares on 11/25/2025 for $335,625.00, 1,000 shares on 11/24/2025 for $225,089.00, 1,000 shares on 01/15/2026 for $421,459.40, 2,000 shares on 01/07/2026 for $693,838.60, and 2,816 shares on 01/06/2026 for $953,009.02.