[144] Wah Fu Education Group Limited SEC Filing

Rhea-AI Filing Summary

Wah Fu Education Group Ltd. (WAFU) filed a Form 144 indicating an insider’s intent to sell up to 73,977 ordinary shares through Tiger Brokers (NZ) on or around 08 Aug 2025. At the most recent quoted price, the planned sale is valued at $105,787.

The issuer has 4,410,559 shares outstanding, so the proposed transaction represents roughly 1.7 % of total shares. The seller originally acquired the position in the company’s 30 Apr 2019 IPO and indicates a cashless acquisition method. No other sales have been reported in the last three months, and the filer asserts no undisclosed adverse information, satisfying Rule 144 requirements.

The notice does not create dilution—shares are already outstanding—but it may signal insider sentiment and add modest supply to a historically thin-float micro-cap. Investors should monitor actual execution volumes, potential 10b5-1 plans, and any follow-up filings (Form 4) to confirm consummation.

Positive

• Full Rule 144 compliance demonstrates transparency and reduces regulatory risk.
• Sale accounts for only ~1.7 % of outstanding shares, limiting potential market overhang.

Negative

• Insider intends to sell 73,977 shares, a potential sentiment headwind.
• Micro-cap float is thin; even modest insider sales can pressure share price.

Insights

Equity Analyst

TL;DR – Small insider sale (~1.7 % of shares) marginally negative for sentiment, minimal financial impact.

The filing discloses intent to sell 73,977 WAFU shares worth about $106k. Relative to the 4.4 M share float, additional supply is modest but notable in a low-liquidity stock. Lack of other recent sales limits cumulative pressure, and the transaction is routine Rule 144 compliance rather than new issuance, so earnings and dilution are unaffected. Nonetheless, insider disposition often dampens near-term momentum, especially in micro-caps where volume spikes can move price. Overall impact is sentiment-negative but financially immaterial.

Corporate Governance Specialist

TL;DR – Proper Rule 144 disclosure; transparency offsets some negative perception of insider selling.

The filer follows SEC protocol, listing broker, share count, valuation, and acquisition history. Absence of aggregated prior sales supports compliance optics. While any insider sale may raise questions, the straightforward disclosure and limited scale lower governance risk. Investors should still track subsequent Forms 4 and price impact on thin float.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Ordinary Shares	TIGER BROKERS (NZ) LIMITED Level 27/ 151 Queen Street, Auckland CBD Auckland Q2 1010	73977	105787.11	4410559	08/08/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Ordinary Shares	04/30/2019	IPO	Wah Fu Education Group Ltd			1392000	04/30/2019	Cashless

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many WAFU shares are being sold under this Form 144?

The notice covers 73,977 ordinary shares.

What is the estimated value of the proposed WAFU share sale?

The aggregate market value is approximately $105,787.

What percentage of Wah Fu Education Group’s shares does this sale represent?

About 1.7 % of the 4,410,559 shares outstanding.

When is the planned sale date for the WAFU shares?

The filer lists an approximate sale date of 08 Aug 2025.

Does the Form 144 filing create dilution for current shareholders?

No. Rule 144 covers resale of existing shares; no new shares are issued.

Who is the executing broker for the proposed sale?

The shares are to be sold through Tiger Brokers (NZ) Limited.