TOON (NYSE: TOON) holder files Rule 144 notice to sell shares
Rhea-AI Filing Summary
A shareholder filed a notice to sell 62116 common shares under Rule 144. The shares are to be sold through Charles Schwab Corp, with an aggregate market value of 45965.00 and an approximate sale date of 12/15/2025. The stock is listed on the NYSE, and the notice lists 53905697 shares outstanding.
The seller acquired the 62116 shares on 06/01/2023 as a restricted stock award from the issuer, described as equity compensation. By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.
Positive
- None.
Negative
- None.
FAQ
What share sale does the Rule 144 notice for TOON disclose?
The notice covers a proposed sale of 62116 common shares of the issuer’s stock under Rule 144. The shares are to be sold through Charles Schwab Corp on the NYSE, with an approximate sale date of 12/15/2025.
What is the aggregate market value of the TOON shares to be sold?
The Rule 144 filing reports an aggregate market value for the proposed sale of 45965.00 for the 62116 common shares indicated in the notice.
How and when were the TOON shares being sold under Rule 144 acquired?
The 62116 common shares were acquired on 06/01/2023 as a Restricted Stock Award from the issuer, described as equity compensation, rather than through a cash purchase.
How many TOON shares are reported as outstanding in this Rule 144 notice?
The notice lists a total of 53905697 shares of the issuer’s common stock as outstanding, providing context for the size of the proposed 62116-share sale.
What representations does the seller make about material information on TOON?
By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.