STOCK TITAN

SPT (NASDAQ) Form 144 shows trustees and insider selling Class A shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

SPT filed a Form 144 notifying proposed sales of Class A shares by selling holders. The excerpt lists multiple past sales and proposed dispositions, including Jrh Revocable Trust (40,000 shares reported on 03/11/2026 for $238,307.60) and Justyn Howard (11,641 shares reported on 06/02/2026 for $90,167.69). The table shows repeated 40,000-share entries with corresponding proceeds and dates in March–May 2026.

Positive

  • None.

Negative

  • None.

Insights

Form 144 lists proposed dispositions of Class A shares by named holders.

The filing excerpt shows multiple sale entries labeled as "Class A" with specific dates and gross proceeds. Examples include a 40,000-share entry on 03/11/2026 for $238,307.60 and an 11,641-share entry on 06/02/2026 for $90,167.69.

These notices record intended or recent transactions; timing and settlement details beyond the listed dates are not provided in the excerpt. Future regulatory filings would disclose completed transfers or any required amendments.

40,000 shares 40,000 shares reported on <date>03/11/2026</date> (Jrh Revocable Trust)
Proceeds for 40,000 shares $238,307.60 reported on <date>03/11/2026</date>
11,641 shares 11,641 shares reported on <date>06/02/2026</date> (Justyn Howard)
Proceeds for 11,641 shares $90,167.69 reported on <date>06/02/2026</date>
Additional 40,000-share rows 40,000 shares entries on <date>04/10/2026</date> and <date>05/11/2026</date>
Proceeds for 40,000 shares (04/10/2026) $201,320.47 reported on <date>04/10/2026</date>
Proceeds for 40,000 shares (05/11/2026) $263,234.48 reported on <date>05/11/2026</date>
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
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.
Founders Shares financial
"Class A | 04/23/2010 | Founders Shares"
Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.
Revocable Trust legal
"Jrh Revocable Trust 131 South Dearborn St."
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.
Compensation financial
"40000 | 04/23/2010 | Compensation"
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144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does SPT's Form 144 disclose about share sales?

The Form 144 lists proposed or recent dispositions of Class A shares. It shows entries such as 40,000 shares on 03/11/2026 for $238,307.60, and other dated sale rows in March–June 2026.

Who are the selling holders named in the SPT excerpt?

The excerpt names Jrh Revocable Trust and Justyn Howard as sellers. Jrh Revocable Trust appears multiple times with 40,000-share entries; Justyn Howard appears with an 11,641-share entry on 06/02/2026.

What gross proceeds are shown for the reported transactions?

The table shows proceeds such as $238,307.60 for 40,000 shares on 03/11/2026 and $90,167.69 for 11,641 shares on 06/02/2026. Several other 40,000-share rows list different dollar amounts.

Does the excerpt state where the shares trade?

The securities table includes NASDAQ as the market identifier and a date 06/11/2026 in the securities information row, as shown in the provided excerpt.

Are these sales described as compensation or founder shares?

The excerpt labels one security row as Founders Shares and another row shows the word Compensation, indicating the classification used in the table entries included in the filing.