Rule 144 Notice: SPWH Insider Plans 50,016-Share Sale; Sept 2025 Transactions

Rhea-AI Filing Summary

Form 144 notice for SPWH: The filing reports a proposed sale of 50,016 shares of common stock acquired in the open market on 12/01/2023 with cash payment. The aggregate market value of the shares to be sold is reported as $139,044.48 based on an outstanding share count of 38,431,079. The approximate sale date is 09/26/2025 on Nasdaq. The document lists recent sales by the holder and related parties in September 2025 totaling 104,000 shares across three transactions with combined gross proceeds of $315,800.69. The filing includes the standard representation that the seller has no undisclosed material adverse information.

Positive

• Required Rule 144 disclosure provided for the planned sale of 50,016 common shares, showing compliance with notice requirements
• Detailed transaction history included for recent sales in September 2025 with share counts and gross proceeds

Negative

• Issuer identification fields are incomplete in the visible content (issuer name and address not provided), limiting context
• Filer CIK/CCC and submission contact details are missing in the provided excerpt, which hampers traceability

Insights

Securities Compliance Analyst

TL;DR The filing documents a Rule 144 notice for a planned open-market disposition and discloses recent insider-related sales.

The Form 144 provides the required notice for an intended sale of 50,016 common shares acquired on 12/01/2023 and to be sold on or about 09/26/2025 on Nasdaq. It also reports three recent sales in September 2025 by the named individual and a related LLC totaling 104,000 shares and approximately $315,800.69 in gross proceeds. The filing contains the standard attestation regarding absence of undisclosed material information, and notes cash payment at acquisition. No issuer address or filer CIK/CCC details are provided in the visible content, which are often included elsewhere on submissions.

Equity Transactions Specialist

TL;DR Routine Rule 144 disclosure showing open-market acquisition and planned sale, plus recent dispositions by the same account and an affiliated entity.

The data indicates the seller acquired the shares in the open market and intends to sell on Nasdaq, consistent with standard Rule 144 procedures. Recent sales on 09/15/2025 and 09/17/2025 by the same person and an affiliated LLC are disclosed with specific share counts and proceeds. The filing properly notes cash payment for the acquisition and includes the required seller representation. The information is transactional and procedural rather than operational.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
common	Charles Schwab & Co 3000 Schwab Way westlake TX 76262	50016	139044.48	38431079	09/26/2025	Nasdaq

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
common	12/01/2023	open market	open market			50016	12/01/2023	cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Steven Becker 1475 WEST 9000 SOUTH SUITE A WEST JORDAN UT 84088	common	09/15/2025	35000	106955.21
Steven Becker 1475 WEST 9000 SOUTH SUITE A WEST JORDAN UT 84088	common	09/17/2025	59000	178287.14
channels holdings llc 1475 west 9000 south suite a west jordan UT 84088	common	09/15/2025	10000	30558.34

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for SPWH report?

The Form 144 reports a proposed sale of 50,016 common shares acquired on 12/01/2023, with an aggregate market value of $139,044.48, to be sold approximately 09/26/2025 on Nasdaq.

When and how were the shares to be sold acquired according to the filing?

The shares were acquired in the open market on 12/01/2023 and paid for in cash as stated in the filing.

Does the filing disclose recent related sales?

Yes. It discloses three sales in September 2025 totaling 104,000 shares with combined gross proceeds of $315,800.69 by the named individual and an affiliated LLC.

Is there any statement about undisclosed material information?

Yes. The signer represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.

On which exchange is the sale expected to occur?

The approximate sale is reported to occur on Nasdaq.