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SPT (NASDAQ: SPT) insider plans 40,000-share Rule 144 stock sale

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

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.

Positive

  • None.

Negative

  • None.

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 the Form 144 filing for SPT disclose?

The Form 144 reports an intended sale of 40,000 Class A shares of SPT on NASDAQ through Fidelity Brokerage Services LLC, with an indicated aggregate market value of $427,900.14.

When and how were the SPT shares being sold under Form 144 originally acquired?

The 40,000 Class A shares were acquired on 04/23/2010 as founders shares from the issuer, with the consideration described as compensation paid on the same date.

How many SPT shares are outstanding according to this Form 144?

The filing states that there are 53,179,992 Class A shares of SPT outstanding as referenced in connection with the planned Rule 144 sale.

What recent SPT share sales are disclosed for the past three months?

The notice lists sales of 10,291 Class A shares by Justyn Howard on 12/02/2025 for gross proceeds of $105,054.64, and 40,000 Class A shares by the Jrh Revocable Trust on 12/11/2025 for gross proceeds of $444,591.09.

On which exchange will the SPT shares covered by Form 144 be sold?

The filing indicates that the 40,000 Class A shares of SPT are to be sold on the NASDAQ securities exchange.

What representation does the seller make in the SPT Form 144?

By signing, the seller represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.