SNDK (SNDK) Form 144 shows 2,000-share stock sale detail filing update
Rhea-AI Filing Summary
An affiliate of ticker SNDK filed a Form 144 notice to sell 2,000 shares of common stock through Morgan Stanley Smith Barney, with an aggregate market value of 693,838.60, when 146,553,179 shares were outstanding and the sale is targeted for 01/07/2026 on NASDAQ. The shares to be sold were acquired as restricted stock vesting under a registered plan in 2013, 2015 and 2021 as compensation for services rendered. Over the past three months, the Massengill Living Trust has reported additional sales of the issuer’s common stock, including 2,340 shares for 508,394.95 on 11/26/2025 and 2,816 shares for 953,009.02 on 01/06/2026.
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FAQ
What does the Form 144 filing for SNDK disclose?
The Form 144 notice discloses that an affiliate of the issuer plans to sell 2,000 shares of SNDK common stock, with an aggregate market value of 693,838.60, through Morgan Stanley Smith Barney.
How many SNDK shares are outstanding in this Form 144?
The filing states that there are 146,553,179 shares of the issuer’s common stock outstanding at the time of the planned sale.
When is the planned sale of SNDK shares expected to occur?
The Form 144 indicates an approximate sale date of 01/07/2026 for the 2,000 SNDK common shares on NASDAQ.
How were the SNDK shares in this Form 144 originally acquired?
The shares were acquired as restricted stock vesting under a registered plan from the issuer in 2013, 2015 and 2021 as compensation for services rendered.
What recent SNDK stock sales by the trust are reported in the Form 144?
The filing lists recent sales by the Massengill Living Trust, including 2,340 shares for 508,394.95 on 11/26/2025 and 2,816 shares for 953,009.02 on 01/06/2026.
Which broker is handling the planned SNDK share sale in this Form 144?
The planned sale of 2,000 SNDK common shares will be executed through Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, New York.