Insider (NASDAQ: SNDK) plans Rule 144 sale of 3,000 shares under SEC filing
Rhea-AI Filing Summary
Kimberly Alexy has filed a Form 144 indicating an intent to sell 3,000 shares of common stock of the issuer. The planned sale is to be executed through Morgan Stanley Smith Barney LLC, with an aggregate market value of 1011939.60, and is expected around 01/06/2026 on the NASDAQ exchange.
The notice also lists prior sales in the last three months. On 11/21/2025, 2,401 common shares were sold for gross proceeds of 485830.35, and on 11/20/2025, 3,000 common shares were sold for gross proceeds of 652663.50. The securities to be sold were originally acquired as restricted stock from the issuer in 2019 and 2020.
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FAQ
What does the SNDK Form 144 filing disclose?
The filing discloses that Kimberly Alexy intends to sell 3,000 shares of the issuer’s common stock under Rule 144. The planned sale has an aggregate market value of 1011939.60 and is expected to occur around 01/06/2026 on the NASDAQ exchange through Morgan Stanley Smith Barney LLC.
Which broker is handling the planned SNDK Rule 144 sale?
The planned sale of 3,000 common shares is to be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.
What representation does the seller make in the Form 144 notice?
By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, and similar representations apply if a Rule 10b5-1 trading plan is used.