SRM Entertainment Form 144 Reveals 300,000-Share Insider Sale

Rhea-AI Filing Summary

SRM Entertainment, Inc. has filed a Form 144 signaling the proposed sale of 300,000 common shares through broker Principal Securities on the NASDAQ around 06/23/2025. The shares have an aggregate market value of $2.4 million and represent roughly 1.7 % of the 17,243,610 shares outstanding. The seller originally acquired the stock on 11/28/2022 via a subscription agreement and attests to possessing no undisclosed material adverse information. No other sales have been reported in the past three months.

Positive

• None.

Negative

• Planned insider sale of 300,000 shares could exert short-term selling pressure and be perceived as reduced confidence.
• Sale value of $2.4 million is material relative to SRM’s liquidity profile despite being only 1.7 % of shares outstanding.

Insights

Financial Analyst

TL;DR – Insider intends to sell 300k SRM shares (~1.7 % of float) worth $2.4 M; modest supply overhang, mildly negative signal.

The Form 144 indicates a single holder’s plan to liquidate 300,000 SRM Entertainment shares. Although the filing does not specify the individual, Form 144 is typically used by affiliates or insiders, suggesting the seller may have greater information access than public shareholders. The size equals ~1.7 % of shares outstanding and therefore should not dramatically dilute liquidity, yet it is large enough to introduce short-term selling pressure and may be interpreted as reduced confidence in near-term prospects. No prior sales in the last three months limit historical context. Absent earnings data, this notice alone is moderately negative but not materially transformative for long-term fundamentals.

Impact classification: impactful (modestly) – insider-sale signal and potential market supply effect.

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 Stock	Principal Securities 711 High Street Des Moines, IA 50392	300000	2400000.00	17243610	06/23/2025	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 Stock	11/28/2022	Subscription Agreement	SRM Entertainment, INC			300000	11/28/2022	Check

* 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

Nothing to Report

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

How many SRM shares are being sold under this Form 144?

The notice covers 300,000 common shares of SRM Entertainment, Inc.

What is the aggregate market value of the proposed SRM share sale?

The filing lists an aggregate value of $2.4 million for the shares.

What proportion of SRM’s outstanding shares does the sale represent?

Approximately 1.7 % of the 17,243,610 shares outstanding.

When is the anticipated sale date for the SRM shares?

The approximate sale date provided is June 23, 2025.

Through which broker will the SRM shares be sold?

The broker of record is Principal Securities, 711 High Street, Des Moines, IA 50392.

Has the seller conducted other SRM share sales in the last three months?

No; the filing states “Nothing to Report” for previous three-month sales.