SPRU shareholder (NYSE: SPRU) plans Rule 144 sale of 40,000 shares
Rhea-AI Filing Summary
A holder of SPRU common stock has filed a notice of proposed sale under Rule 144 to sell 40,000 shares through Fidelity Brokerage Services on the NYSE, with an aggregate market value of $202,286.21 and an approximate sale date of 12/15/2025. According to the notice, there are 18,168,863 shares of the issuer’s common stock outstanding; this is a baseline figure, not the amount being sold.
The shares to be sold were acquired as compensation through restricted stock vesting from the issuer in two transactions: 23,585 shares vested on 06/23/2025 and 16,415 shares vested on 08/12/2025, with payment also characterized as compensation on those dates.
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FAQ
How many SPRU shares are planned to be sold under Rule 144?
The notice states that 40,000 shares of SPRU common stock are planned to be sold under Rule 144.
What is the aggregate market value of the planned SPRU share sale?
The proposed sale of SPRU common stock has an aggregate market value of $202,286.21 as reported in the notice.
When is the SPRU Rule 144 sale expected to take place?
The approximate date of sale for the 40,000 SPRU shares is listed as 12/15/2025.
On which exchange will the 40,000 SPRU shares be sold?
The notice identifies the NYSE as the securities exchange where the SPRU common shares are expected to be sold.
How were the SPRU shares being sold under Rule 144 originally acquired?
The shares were acquired from the issuer as restricted stock vesting and treated as compensation on 06/23/2025 and 08/12/2025.
How many SPRU shares are reported as outstanding in the notice?
The notice reports that 18,168,863 shares of the issuer’s common stock are outstanding.
What broker is handling the proposed SPRU Rule 144 sale?
The planned sale of SPRU common stock is listed as being handled by Fidelity Brokerage Services LLC in Smithfield, RI.