Valens Semiconductor (NYSE: VLN) files Form 144 for 24,000-share insider sale
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Valens Semiconductor insider plans to sell shares under Rule 144. A holder intends to sell 24,000 ordinary shares of Valens Semiconductor on the NYSE through Oppenheimer & Co. Inc., with an aggregate market value of $40,320. The shares relate to an employee stock option plan, originally acquired on 06/01/2017 and to be paid for in cash upon exercise. The table notes that 106,342,415 shares were outstanding, giving context for the size of this planned sale.
Positive
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Negative
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FAQ
What does this Form 144 filing for VLN disclose?
It discloses that a holder plans to sell 24,000 ordinary shares of Valens Semiconductor on the NYSE under Rule 144 through Oppenheimer & Co. Inc.
What representation does the selling person make in this VLN Form 144?
The seller represents that they do not know any material adverse information about Valens Semiconductor’s current or prospective operations that has not been publicly disclosed.