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Officer sale: 3,250 VTOL shares reported (VTOL)

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

Rhea-AI Filing Summary

Lorin L. Brass reported a sale of 3,250 shares of Common stock. The Form 144 lists proceeds of $159,380 from the sale and shows 1,000 restricted shares vested under a registered plan on 10/31/2023.

Positive

  • None.

Negative

  • None.

Insights

Routine resale filing showing a single reported disposition by an insider.

The filing lists a sale of 3,250 shares generating $159,380 in proceeds. It also records 1,000 restricted shares that vested on 10/31/2023 under a registered plan.

Timing and method of sale are not detailed in the excerpt; cash‑flow treatment and whether sales were open‑market or pursuant to a plan are not stated. Subsequent filings or broker confirmations would provide execution detail.

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

FAQ

What did the Form 144 for VTOL disclose?

It disclosed a reported sale of 3,250 shares by Lorin L. Brass for $159,380. The form also records 1,000 vested restricted shares under a registered plan with a vesting date of 10/31/2023.

Who is the reporting person on the VTOL Form 144?

The reporting person is Lorin L. Brass, listed with an address in Houston, TX. The filing shows Brass as the seller of 3,250 shares with proceeds of $159,380 reported on the form.

How many restricted shares vested according to the filing?

The filing shows 1,000 restricted shares vested under a registered plan on 10/31/2023. The vesting is recorded as compensation for services rendered in the form's securities information section.

Does the Form 144 state how the shares were sold?

No; the excerpt does not specify the method of sale. It reports the sale quantity (3,250) and proceeds ($159,380), but execution details such as block trade or open‑market sales are not included in the provided excerpt.

What tax or withholding details are shown on the VTOL Form 144?

The provided excerpt does not include tax withholding or net‑proceeds breakdowns. It lists gross proceeds of $159,380 from the sale; additional tax or withholding treatment is not disclosed in this excerpt.
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