Affiliate files Form 144 to sell 18,618 shares
Affiliate reported a proposed sale of 18,618 shares of Common Stock via Form 144.
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Rhea-AI Filing Summary
Affiliate reported a proposed sale of 18,618 shares of Common Stock via Form 144. The sale is tied to an exercise of options under a registered plan with a trade date of 05/11/2026 and cash as the consideration method. The filing also records a prior sale of 7,174 shares on 03/17/2026 for $1,363,561.46 by Michael S. McNamara.
Insights
Form 144 notifies the market of an affiliate's proposed resale of shares.
Form 144 is a regulatory notice required when an affiliate or control person proposes to sell restricted or control securities. The filing here lists 18,618 shares to be sold following an exercise of options under a registered plan with a 05/11/2026 trade date.
Cash is specified as the consideration method; the filing does not state who will receive proceeds beyond the issuer linkage. Subsequent public filings will show whether the sale was executed.
This is a routine affiliate resale notice tied to option exercise.
The entry records an option exercise under a registered plan and a proposed resale of 18,618 shares. Prior sale activity of 7,174 shares on 03/17/2026 for $1,363,561.46 is included, giving context on recent affiliate liquidity.
Impact on outstanding float or share supply is not provided in the excerpt; execution and market impact depend on whether and how these shares are sold.
Key Figures
Key Terms
Form 144 regulatory
exercise of options under a registered plan financial
issuer regulatory
FAQ
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Does the Form 144 show proceeds or beneficiary of the sale?
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