Insider plans sale of 8,929 shares in issuer (NASDAQ: STRO)
Rhea-AI Filing Summary
A shareholder of STRO has filed a notice of proposed sale under Rule 144 for up to 8,929 shares of common stock through Morgan Stanley Smith Barney LLC on or around 01/20/2026, to be sold on the NASDAQ. The filing lists an aggregate market value of $130,961.76 for these shares and notes that 8,513,529 shares of this class were outstanding. The securities to be sold were acquired via a mix of stock option exercise and restricted stock awards from the issuer in 2025–2026, some paid in cash and some noted as not applicable for cash payment. By signing, the seller represents they are not aware of undisclosed material adverse information about the issuer’s operations.
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FAQ
What does the STRO Form 144 filing disclose?
The Form 144 discloses that a shareholder of STRO plans to sell up to 8,929 shares of common stock on the NASDAQ through Morgan Stanley Smith Barney LLC, with an aggregate market value of $130,961.76.
What representation does the seller make in the STRO Form 144?
The seller represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.