SRM Entertainment Executive to Sell 100,000 Shares Less Than 2 Years After IPO
Rhea-AI Filing Summary
Form 144 Notice of Proposed Sale filed by SRM Entertainment insider Deborah McDaniel-Hand for the planned sale of 100,000 shares of common stock through First Command Brokerage Services. The proposed sale has an aggregate market value of $941,095.99.
Key details:
- Shares were originally acquired on August 14, 2023 through IPO share issuance (200,000 shares)
- Current outstanding shares: 26,547,412
- Planned execution date: June 23, 2025 on NASDAQ
- Seller has already sold 100,000 shares for gross proceeds of $941,000 in the past 3 months
The filing indicates the seller has no knowledge of undisclosed material adverse information regarding SRM Entertainment's current and prospective operations.
Positive
- None.
Negative
- Insider Deborah McDaniel-Hand plans to sell 100,000 shares worth approximately $941,096, representing a significant liquidation from their IPO-issued shares
FAQ
How many shares of SRM stock are being sold according to the Form 144 filing from June 2025?
What is the aggregate market value of SRM shares being sold in this Form 144?
When did the SRM insider originally acquire these shares being sold?
Has the SRM insider made any other sales in the past 3 months?
What is the total number of SRM shares outstanding according to this Form 144?