SRM Entertainment Executive to Sell 100,000 Shares Less Than 2 Years After IPO
Filing Impact
Filing Sentiment
Form Type
144
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
Has the SRM insider made any other sales in the past 3 months?
Yes, according to the filing, Deborah McDaniel-Hand sold 100,000 shares of SRM common stock on June 23, 2025, with gross proceeds of $941,000.00.