SPNT (NYSE: SPNT) holder plans Rule 144 sale of 37,311 shares on NYSE
Rhea-AI Filing Summary
A shareholder of the SPNT issuer has filed a Rule 144 notice to sell 37,311 shares of common stock. The sale is planned to occur around 12/12/2025 on the NYSE through J.P. Morgan Securities LLC. Based on the filing, the aggregate market value of the shares to be sold is $831,289.08, compared with 116,814,640 shares of the same class outstanding. The shares were originally acquired on 12/31/2012 as a gift from Clare Loeb, who had acquired the shares earlier. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.
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FAQ
What does the SPNT Form 144 filing disclose?
The Form 144 discloses that a shareholder intends to sell 37,311 shares of common stock of the SPNT issuer under Rule 144. The planned transaction will be executed on the NYSE through J.P. Morgan Securities LLC.
How large is the planned SPNT share sale under Rule 144?
The filing states that the shareholder plans to sell 37,311 common shares, with an aggregate market value of $831,289.08, compared with 116,814,640 shares of that class outstanding.
When is the SPNT Rule 144 sale expected to occur?
The notice lists an approximate date of sale of 12/12/2025 for the 37,311 shares of common stock on the NYSE.
Through which broker will the SPNT shares be sold?
The Rule 144 filing identifies J.P. Morgan Securities LLC, located at 390 Madison Avenue, 6th Floor, New York, NY 10017, as the broker handling the sale.
How were the SPNT shares being sold originally acquired?
The filing reports that the 37,311 common shares were acquired on 12/31/2012 via a gift from Clare Loeb, who had obtained the shares earlier.
What representation does the selling SPNT shareholder make in the Form 144?
By signing, the shareholder represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.