VTOL holder files Form 144 to sell 10,000 common shares
Rhea-AI Filing Summary
Form 144 notice filed for a proposed sale of common stock. The filing lists 10,000 shares to be sold with an aggregate market value of $381,000 and an approximate sale date of 11/14/2025. The designated broker is Charles Schwab & Co., and the securities are listed on the NYSE.
The shares were acquired on 06/22/2020 via an open market purchase for cash. Shares outstanding were 28,290,000 at the time indicated in the notice; this is a baseline figure, not the amount being sold.
Positive
- None.
Negative
- None.
Insights
Routine Form 144 for 10,000 shares; neutral impact.
This notice states an intent to sell 10,000 shares of common stock under Rule 144, with an aggregate market value of $381,000. It identifies Charles Schwab & Co. as broker and the NYSE as the exchange, with an approximate sale date of 11/14/2025.
The filing also discloses acquisition details: the shares were bought on 06/22/2020 via an open market purchase for cash. Shares outstanding are listed as 28,290,000, which serves as context and is not part of the sale amount.
Because this is a notice of a potential secondary sale by a holder, it does not involve new issuance or company proceeds. Actual sale activity depends on the holder’s decisions and market conditions.
FAQ
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