Tesla insider files Form 144 to sell 120,000 shares via J.P. Morgan
Rhea-AI Filing Summary
Form 144 filed for Tesla, Inc. (TSLA) discloses a proposed sale of 120,000 common shares through J.P. Morgan Securities LLC with an aggregate market value of $41,592,000. The shares represent part of an outstanding base of 3,225,448,889 shares and are scheduled for sale on 08/26/2025 on Nasdaq. The filer acquired the shares on 03/10/2025 via an option exercise and paid in cash on the acquisition date. The filing reports no securities sold in the past three months by the account and includes the standard representation that the seller is unaware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: A routine insider sale of 120,000 shares is scheduled; size is immaterial relative to outstanding shares.
The filing shows an insider or related person plans to sell 120,000 Tesla shares via J.P. Morgan on 08/26/2025. The shares were acquired by option exercise on 03/10/2025 and paid in cash, indicating a standard post-exercise disposition rather than a sale tied to financing or distress. Relative to ~3.225 billion shares outstanding, the proposed sale is negligible (~0.0037%), so the transaction is unlikely to move the stock or alter ownership concentration. No prior sales in the past three months are reported, and the filer affirms no undisclosed material adverse information.
TL;DR: Disclosure aligns with Rule 144 procedures; documentation appears complete for a routine insider disposition.
The form properly identifies the broker, quantity, market value, acquisition method