Spruce Power (SPRU) holder files Form 144 to sell 18,847 vested shares
Rhea-AI Filing Summary
Spruce Power Holding Corporation (SPRU) filed a notice of proposed sale of restricted shares. The reporting holder plans to sell 18,847 shares of common stock through Fidelity Brokerage Services LLC on the NYSE, with an aggregate market value of $37,505.53. These shares arise from restricted stock vesting events on April 14, 2025 (13,191 shares) and August 12, 2025 (5,656 shares). The filing also notes that 19,252,186 shares of common stock were outstanding.
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Key Figures
Shares proposed for sale: 18,847 shares
Aggregate market value: $37,505.53
Shares from 04/14/2025 vesting: 13,191 shares
+3 more
6 metrics
Shares proposed for sale
18,847 shares
Common stock to be sold through Fidelity Brokerage Services LLC on NYSE
Aggregate market value
$37,505.53
Total market value of 18,847 common shares proposed for sale
Shares from 04/14/2025 vesting
13,191 shares
Restricted stock vesting on April 14, 2025 used as compensation
Shares from 08/12/2025 vesting
5,656 shares
Restricted stock vesting on August 12, 2025 used as compensation
Shares outstanding
19,252,186 shares
Common shares outstanding, providing context for proposed Form 144 sale
Planned sale date
08/14/2026
Anticipated date for sale of 18,847 common shares under Form 144
Key Terms
Form 144, restricted stock vesting, aggregate market value, broker-dealer
4 terms
Form 144 regulatory
"Spruce Power Holding Corporation filed a notice of proposed sale under Form 144"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
restricted stock vesting financial
"These shares arise from restricted stock vesting events on April 14, 2025 and August 12, 2025"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
aggregate market value financial
"18,847 shares of common stock with an aggregate market value of $37,505.53"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
broker-dealer regulatory
"The shares are proposed to be sold through Fidelity Brokerage Services LLC as broker-dealer"
A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.
FAQ
What does Spruce Power (SPRU) disclose in this Form 144 filing?
Spruce Power reports a proposed sale of 18,847 common shares by a holder through Fidelity Brokerage Services on the NYSE, with an aggregate market value of $37,505.53, arising from restricted stock vesting awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.