SVCO (NASDAQ) Form 144 lists 200,000; UBS broker noted

Rhea-AI Filing Summary

SVCO submitted a Form 144 notice reflecting a proposed sale/transfer of common shares under Rule 144. The filing lists numeric entries including 200,000, 2,294,000, and 33,676,529 alongside a 06/11/2026 timestamp and identifies UBS Financial Services Inc as broker-dealer.

The excerpt also records a private transaction dated 05/28/2024 described as a "TRANSFER OF FOUNDER SHARES FROM FAMILY TRUST" involving SMIK GRANTOR RETAINED ANNUITY TRUST and a listed quantity of 308,991 shares.

Insights

Securities Attorney

Form 144 notifies the market of proposed Rule 144 sales by a holder.

Form 144 is a notice of intention to sell restricted or control securities under Rule 144. The filing lists broker information (UBS Financial Services Inc) and multiple numeric entries; the excerpt shows a private transfer dated 05/28/2024.

Timing, exact amounts available for sale under Rule 144, and whether sales occurred are not disclosed in the excerpt. Subsequent public filings or broker reports would show completed transactions.

Key Figures

Listed quantity: 200,000 Listed quantity: 2,294,000 Listed quantity: 33,676,529 +1 more

4 metrics

Listed quantity 200,000 appears on same securities line as UBS broker entry

Listed quantity 2,294,000 appears on same securities line as UBS broker entry

Listed quantity 33,676,529 appears on same securities line with <date>06/11/2026</date>

Private transfer shares 308,991 shares TRANSFER OF FOUNDER SHARES FROM FAMILY TRUST dated <date>05/28/2024</date>

Key Terms

Rule 144, Grantor Retained Annuity Trust, Private transaction

3 terms

Rule 144 regulatory

"Form type line and context for sales under Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Grantor Retained Annuity Trust financial

"SMIK GRANTOR RETAINED ANNUITY TRUST listed with transfer"

A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.

Private transaction regulatory

"DESCRIBED AS PRIVATE TRANSACTION in the securities transfer line"

A private transaction is the sale or transfer of securities, assets, or ownership stakes carried out directly between a small number of parties rather than on a public exchange. For investors it matters because these deals are less visible and often less liquid than public trades, so pricing can be harder to verify, the investment can be harder to sell quickly, and buyers or sellers may gain strategic advantages not available in open markets — like negotiated terms similar to a private garage sale versus a crowded marketplace.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 06/11/2026 - 04:43 PM Accepted by SEC EDGAR 06/11/2026 - 04:43 PM Learn about SEC filing dates

FAQ

What does SVCO's Form 144 filing indicate?

It indicates an intent to sell or transfer restricted/common shares under Rule 144, listing broker UBS Financial Services Inc and multiple numeric entries including 200,000 and 2,294,000 alongside date 06/11/2026.

Does the Form 144 show completed sales for SVCO (SVCO)?

No. The Form 144 is a notice of proposed sales under Rule 144. The excerpt lists a private transfer dated 05/28/2024 but does not state whether public sales have been executed or proceeds exchanged.

Who is the broker-dealer listed on the SVCO Form 144?

The filing lists UBS Financial Services Inc at the address shown on the form. That entity is named as the broker-dealer associated with the securities entries in the excerpt.

What is the "SMIK GRANTOR RETAINED ANNUITY TRUST" entry in SVCO's filing?

The excerpt records a private transfer from the "SMIK GRANTOR RETAINED ANNUITY TRUST" dated 05/28/2024 with a listed quantity of 308,991 shares described as a founder-share transfer.

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

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 SHARES	UBS Financial Services Inc 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	200000	2294000	33676529	06/11/2026	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	05/28/2024	TRANSFER OF FOUNDER SHARES FROM FAMILY TRUST	SMIK GRANTOR RETAINED ANNUITY TRUST			308991	05/28/2024	PRIVATE TRANSACTION

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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)