TAT Tech Executive's Stock Sales Continue with New 2,600 Share Disposal Plan
Rhea-AI Filing Summary
TAT Technologies insider Igal Zamir has filed Form 144 declaring intention to sell 2,602 ordinary shares with an aggregate market value of $67,287.72 through broker Oppenheimer & Co. The proposed sale is scheduled for June 18, 2025, on the NASDAQ exchange.
The shares were originally acquired through an Employee Stock Option Plan on August 30, 2021, with a total acquisition of 24,614 shares. Payment was made in cash upon exercise of the options.
Notable recent trading activity by the same insider includes:
- June 9, 2025: Sold 22,279 shares for gross proceeds of $601,533
- June 16, 2025: Sold 22,012 shares for gross proceeds of $594,324
The company has approximately 10.94 million shares outstanding. This Form 144 filing represents the seller's declaration of no knowledge of undisclosed material adverse information regarding the company's operations.
Positive
- None.
Negative
- Insider Igal Zamir sold a total of 46,893 shares over three transactions in June 2025, with total proceeds of approximately $1.2M, indicating significant insider selling activity