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Insider (NASDAQ: SNDK) plans Rule 144 sale of 3,000 shares under SEC filing

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

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.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: 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: 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: Securities Sold During The Past 3 Months

144: Remarks and Signature

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.

How many SNDK shares has Kimberly Alexy recently sold?

Over the past three months, the filing reports two sales of common stock by Kimberly Alexy: 2,401 shares on 11/21/2025 for gross proceeds of 485830.35, and 3,000 shares on 11/20/2025 for gross proceeds of 652663.50.

What is the size and value of the planned SNDK share sale?

The planned transaction covered by this Form 144 is for 3,000 shares of common stock with an aggregate market value of 1011939.60. The filing lists NASDAQ as the securities exchange for this sale.

How and when were the SNDK shares being sold originally acquired?

The shares to be sold were acquired as restricted stock from the issuer. One block of 1,346 shares was acquired on 11/14/2020, and another block of 1,654 shares was acquired on 11/13/2019, both noted as restricted stock grants from the issuer.

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.

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