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Seller for XENE (NASDAQ: XENE) plans 10,000-share common stock sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A holder of XENE common shares filed a notice of intention to sell 10,000 common shares through RBC Wealth Management, 1501 Ave. McGill College, Suite 2150, Montreal, with the shares listed on NASDAQ. The proposed sale date is 08/11/2026.

The disclosure also lists past transactions in common shares: an Open Market Purchase of 15,000 shares on 08/11/2017, an Exercise of Options with the issuer for 5,144 shares on 05/14/2025, and another Exercise of Options for 3,500 shares on 05/12/2026, each settled in cash.

Positive

  • None.

Negative

  • None.
Planned sale amount 10,000 common shares Securities to be sold through RBC Wealth Management
Open Market Purchase 15,000 common shares Open Market Purchase on 08/11/2017
Option exercise 5,144 common shares Exercise of Options with issuer on 05/14/2025 for cash
Option exercise 3,500 common shares Exercise of Options with issuer on 05/12/2026 for cash
Common Shares financial
"Common Shares | RBC Wealth Management 1501 Ave. McGill College"
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
Open Market Purchase financial
"Common Shares | 08/11/2017 | Open Market Purchase | Open"
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.
Exercise of Options financial
"Common Shares | 05/14/2025 | Exercise of Options | Issuer"

FAQ

What share sale is disclosed for XENE in this Form 144 filing?

The filing discloses a planned sale of 10,000 common shares of XENE. These shares are to be sold through RBC Wealth Management and are listed for trading on NASDAQ.

When is the proposed sale date for the 10,000 XENE shares?

The proposed sale date for the 10,000 common shares is 08/11/2026. This date reflects when the holder expects to begin selling the shares, subject to market conditions and applicable rules.

Which broker is handling the planned XENE share sale?

The planned sale of 10,000 XENE common shares is to be handled by RBC Wealth Management, located at 1501 Ave. McGill College, Suite 2150, Montreal, H3A 3M8, as indicated in the filing.

On which market are the XENE shares in this filing traded?

The common shares referenced in the filing are traded on NASDAQ. The proposed 10,000-share sale and the historical transactions all relate to NASDAQ-listed common shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

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