SPT (SPT) insider schedules sale of 40,000 Class A shares after prior sales
Rhea-AI Filing Summary
A holder of Class A common stock of SPT filed a notice of proposed sale of 40,000 shares, with an aggregate market value of $404,587.95, to be sold on or after 08/11/2026 on NASDAQ. The shares are described as Founders Shares acquired on 04/23/2010 as compensation. The filing also lists prior Class A share sales over the past three months by JRH Revocable Trust and Justyn Howard.
Positive
- None.
Negative
- None.
Key Figures
Proposed shares to be sold: 40,000 shares
Aggregate market value of proposed sale: $404,587.95
Acquisition date of Founders Shares: 04/23/2010
+2 more
5 metrics
Proposed shares to be sold
40,000 shares
Class A securities to be sold on or after 08/11/2026
Aggregate market value of proposed sale
$404,587.95
Value for 40,000 Class A shares to be sold on NASDAQ
Acquisition date of Founders Shares
04/23/2010
Founders Shares acquired from issuer as compensation
Sale on 05/11/2026
40,000 shares for $263,234.48
Class A sale by JRH Revocable Trust during past three months
Sale on 06/02/2026
11,641 shares for $90,167.69
Class A sale by Justyn Howard during past three months
Key Terms
Form 144, Founders Shares, Revocable Trust
3 terms
Form 144 regulatory
"144: Filer Information | | | 144: Filer Information"
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.
Revocable Trust financial
"Jrh Revocable Trust 131 South Dearborn St. Suite 700"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 144 filing by SPT relate to?
The Form 144 relates to a proposed sale of 40,000 Class A shares of SPT stock, with an aggregate market value of $404,587.95, to be sold on or after 08/11/2026 on NASDAQ.