SPT (NASDAQ: SPT) insider plans 40,000-share Rule 144 stock sale
Rhea-AI Filing Summary
A holder of Class A shares of SPT has filed a notice of intent to sell 40,000 Class A shares under Rule 144. The planned sale is to be executed through Fidelity Brokerage Services LLC on the NASDAQ, with an indicated aggregate market value of $427,900.14, and there were 53,179,992 Class A shares outstanding at the time referenced. The shares to be sold were originally acquired on 04/23/2010 as founders shares from the issuer as compensation.
Over the prior three months, related parties sold additional Class A shares, including 10,291 shares by Justyn Howard for gross proceeds of $105,054.64 and 40,000 shares by the Jrh Revocable Trust for gross proceeds of $444,591.09. By signing the notice, the seller represents that they are not aware of any material adverse, non-public information about the issuer’s current or prospective operations.
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