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.
Positive
- None.
Negative
- None.
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.
How many STRO shares are outstanding according to this Form 144?
The notice states that there are 8,513,529 shares of the issuer’s common stock outstanding at the time of the filing.
How were the STRO shares in this Form 144 acquired?
The shares to be sold were acquired from the issuer through a stock option exercise on 01/20/2026 and several restricted stock grants dated 11/21/2025 and 07/08/2025, with some paid in cash and others listed as not applicable for cash payment.
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.
Which broker is handling the planned STRO share sale?
The planned sale of 8,929 shares of STRO common stock is to be handled by Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, New York.
On which exchange are the STRO shares in this Form 144 expected to be sold?
The Form 144 indicates that the common shares are expected to be sold on the NASDAQ exchange.