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  4. [144] UTSTARCOM HOLDINGS CORP. SEC Filing

UTStarcom (NASDAQ: UTSI) director plans 2026 Rule 144 sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

UTSTARCOM HOLDINGS CORP. (UTSI) director Sean Shao filed a notice to sell shares under Rule 144. The planned sales cover 2,275 common shares valued at $5,482.75 and an additional 12,258 common shares valued at $29,541.78, with sales through Morgan Stanley & Co. on or after August 21, 2026. The shares were issued under equity incentive plans dated August 31, 2024 and September 30, 2025.

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Planned sale block 1 2,275 shares Common stock to be sold with listed value $5,482.75
Planned sale block 1 value $5,482.75 Approximate market value for 2,275 common shares
Planned sale block 2 12,258 shares Common stock to be sold with listed value $29,541.78
Planned sale block 2 value $29,541.78 Approximate market value for 12,258 common shares
Shares outstanding 9,176,950 shares Common shares outstanding referenced alongside planned sales
Planned sale date 08/21/2026 Date listed for both blocks of common stock sales
Grant date block 1 08/31/2024 Equity incentive plan grant date for 2,275 shares
Grant date block 2 09/30/2025 Equity incentive plan grant date for 12,258 shares
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of 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.
equity incentive plan financial
"Common | 08/31/2024 | EQUITY INCENTIVE PLAN | HOLDINGS CORP"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
equity compensation financial
"2275 | 08/31/2024 | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

FAQ

What does the Form 144 filing by UTSI director Sean Shao disclose?
The filing states that Sean Shao, a director of UTSTARCOM HOLDINGS CORP. (UTSI), plans to sell common shares under Rule 144. The shares come from equity incentive plans dated August 31, 2024 and September 30, 2025.

How many UTSI shares does Sean Shao plan to sell under this Form 144?
The notice covers 2,275 common shares in one block and 12,258 common shares in another. These shares were awarded under the company’s equity incentive plans and are intended for resale under Rule 144.

What is the approximate market value of the UTSI shares in Sean Shao’s planned Rule 144 sales?
The filing lists values of $5,482.75 for 2,275 shares and $29,541.78 for 12,258 shares. These figures reflect the approximate aggregate market values associated with the respective blocks of common stock.

When are the UTSI shares expected to be sold according to the Form 144?
The planned sales are dated August 21, 2026 for both blocks of common shares. This date reflects when the shares may be sold on the market under the Rule 144 notice.

On which exchange and through which broker are the UTSI shares intended to be sold?
The notice identifies Morgan Stanley & Co. Incorporated as the broker and NASDAQ as the trading market. These details apply to both blocks of UTSI common shares covered by the filing.

What is the source of the UTSI shares being sold by Sean Shao?
The common shares come from the company’s Equity Incentive Plan. One grant is dated August 31, 2024 for 2,275 shares and another is dated September 30, 2025 for 12,258 shares as equity compensation.

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

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144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

Source: View Original Filing on SEC EDGAR