SUPN (NASDAQ: SUPN) Form 144 lists 57,250-share resale after option exercise

Rhea-AI Filing Summary

SUPN reports Form 144 notice filing for proposed sale of Common Stock. The filing lists 57,250 shares associated with an exercise of stock options and identifies Morgan Stanley Smith Barney LLC as the broker-dealer with an execution date of 03/17/2026. It also notes a 10b5-1 sale of 50,000 shares on 03/16/2026 by Padmanabh P. Bhatt.

Insights

Securities Compliance Counsel

Form 144 flags planned resale following option exercise and an executed 10b5-1 trade.

The filing records 57,250 shares tied to an exercise of stock options with a trade date of 03/17/2026 and identifies Morgan Stanley Smith Barney LLC as the broker-dealer. Separately, it documents a 10b5-1 sale of 50,000 shares on 03/16/2026 by Padmanabh P. Bhatt.

These notices are procedural disclosures required when restricted shares become eligible for resale. Cash-flow treatment is reported as Cash for the option exercise. Subsequent filings may show settlement details or confirmations of completed resale activity.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	57250	2874522.50	57581712	03/17/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/17/2026	Exercise of Stock Options	Issuer			57250	03/17/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for PADMANABH P BHATT 9715 Key West Avenue Rockville MD 20850	Common	03/16/2026	50000	2513790.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does SUPN's Form 144 disclose about the sale?

The Form 144 discloses a proposed resale of 57,250 shares related to an exercise of stock options dated 03/17/2026. It also lists a prior 10b5-1 sale of 50,000 shares on 03/16/2026 by Padmanabh P. Bhatt.

Who is the broker handling the reported transactions for SUPN?

The filing names Morgan Stanley Smith Barney LLC as the broker-dealer for the listed transactions, with an execution entry dated 03/17/2026. The document pairs the broker with the reported 57,250-share item.

Did the Form 144 indicate the method of payment for the option exercise?

Yes; the Form 144 indicates the option exercise associated with the 57,250 shares was settled for Cash, with an exercise/trade date of 03/17/2026. No further proceeds allocation is detailed in the excerpt.

Who sold 50,000 shares under a 10b5-1 plan in the SUPN filing?

The filing records a 10b5-1 sale by Padmanabh P. Bhatt of 50,000 shares on 03/16/2026. The entry appears under "Securities Sold During The Past 3 Months" as a disclosed executed trade.