SNEX (NASDAQ) insider resale notice lists vested shares for potential sale

Rhea-AI Filing Summary

SNEX submitted a Form 144 notice reporting proposed securities sales tied to recently vested restricted stock awards. The excerpt lists two vesting events: 256 shares vested on 02/27/2025 and 744 shares vested on 03/01/2025. The form names Fidelity Brokerage Services LLC and references NASDAQ.

Insights

Securities Compliance Analyst

Form 144 notifies the market of planned resale of vested restricted shares.

The filing lists vesting-related shares — 256 and 744 — tied to restricted stock vesting dates of 02/27/2025 and 03/01/2025

Cash‑flow treatment and exact sale timing are not included in the excerpt; subsequent filings or broker reports would show whether and when sales occurred.

Equity Issuance Specialist

These are routine post-vesting resale notices rather than new issuances.

The entries are described as "Restricted Stock Vesting" with the issuer as the source of the shares. The amounts (256 and 744 shares) reflect vested compensation rather than primary capital raises.

Because quantities are small, the filing is unlikely to materially affect total outstanding shares; monitoring actual resale transactions would require later confirmations.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	1000	106540.00	52463316	03/13/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/27/2025	Restricted Stock Vesting	Issuer			256	02/27/2025	Compensation
Common	03/01/2025	Restricted Stock Vesting	Issuer			744	03/01/2025	Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does SNEX's Form 144 report?

The Form 144 reports planned resale of vested restricted stock. It lists 256 shares vested on 02/27/2025 and 744 shares vested on 03/01/2025, indicating potential resale under Rule 144.

Do the listed shares represent new shares issued by SNEX?

No, the entries are labeled as Restricted Stock Vesting, meaning shares issued earlier as compensation vested on the listed dates and are now eligible for resale by the holder.

Who is the broker or intermediary named on the filing?

The filing references Fidelity Brokerage Services LLC at 900 Salem Street, Smithfield, RI, which is identified in the excerpt as the broker/placement agent associated with the reported shares.

Does Form 144 confirm that the shares were sold?

No, Form 144 notifies intent to resell under Rule 144; the excerpt lists vesting and proposed resale but does not confirm execution or sale proceeds. Actual sales would appear in transaction or broker reports.

Are the quantities large enough to be materially dilutive for SNEX?

The filing shows 256 and 744 shares related to vesting events; these modest amounts are routine compensation vesting and are unlikely to be materially dilutive on their own.