ScanTech AI Systems (STAI) director affiliate reports stock sales, 804,867 shares held
Rhea-AI Filing Summary
ScanTech AI Systems Inc. director-affiliated entities reported small open-market sales of common stock. On December 16, 2025, 3,000 shares of common stock, par value $0.0001 per share, were sold at a price of $4.2933 per share. On December 17, 2025, an additional 100 shares were sold at a price of $3.80 per share. After these transactions, a total of 804,867 shares of ScanTech AI Systems Inc. common stock are reported as beneficially owned indirectly through Seaport Group SIBS LLC, which is managed by Seaport Global Asset Management LLC.
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FAQ
What insider transaction did ScanTech AI Systems Inc. (STAI) report?
The filing reports that a director-affiliated holder sold 3,000 shares of ScanTech AI Systems Inc. common stock on December 16, 2025 and 100 shares on December 17, 2025.
At what prices were the STAI shares sold in this Form 4 filing?
The sales of ScanTech AI Systems Inc. common stock were executed at $4.2933 per share for 3,000 shares on December 16, 2025 and $3.80 per share for 100 shares on December 17, 2025.
How many ScanTech AI Systems Inc. (STAI) shares are beneficially owned after the reported transactions?
Following the reported sales, the reporting person indicates beneficial ownership of 804,867 shares of ScanTech AI Systems Inc. common stock, held indirectly.
Who is the reporting person in this STAI Form 4 and how are the shares held?
The shares are held directly by Seaport Group SIBS LLC, which is managed by Seaport Global Asset Management LLC. Stephen C. Smith is the manager of Seaport Global Asset Management LLC and signed the form.
What is the relationship of the reporting person to ScanTech AI Systems Inc. (STAI)?
The filing identifies the reporting person as a Director of ScanTech AI Systems Inc.
Are the STAI shares in this Form 4 held directly or indirectly?
The 804,867 shares of ScanTech AI Systems Inc. common stock reported after the transactions are held with indirect beneficial ownership through Seaport Group SIBS LLC.