XYZ insider Brian Grassadonia files Form 144 for stock sale

Rhea-AI Filing Summary

XYZ insider Brian Grassadonia filed a Form 144 indicating an intention to sell 8,085 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $500,982.98. The shares relate to restricted stock acquired from the issuer on 11/20/2025, with the approximate sale date listed as 11/24/2025 on the NYSE. The filing also reports that over the past three months the same seller has already sold several blocks of XYZ common stock, including 35,145 shares on 10/08/2025 for gross proceeds of $2,811,600.00 and other smaller transactions on 09/02/2025, 10/02/2025, 10/03/2025, and 11/21/2025.

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
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	8085	500982.98	547667000	11/24/2025	NYSE

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 *
Common	11/20/2025	Restricted Stock	ISSUER			8085	11/20/2025	Not Applicable

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
BRIAN GRASSADONIA 1955 Broadway, Suite 600 Oakland CA 94612	Common	11/21/2025	6460	396671.13
BRIAN GRASSADONIA 1955 Broadway, Suite 600 Oakland CA 94612	Common	10/08/2025	35145	2811600.00
BRIAN GRASSADONIA 1955 Broadway, Suite 600 Oakland CA 94612	Common	10/03/2025	1679	128762.51
BRIAN GRASSADONIA 1955 Broadway, Suite 600 Oakland CA 94612	Common	10/02/2025	1342	100339.19
BRIAN GRASSADONIA 1955 Broadway, Suite 600 Oakland CA 94612	Common	09/02/2025	9760	744102.40

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

What does XYZ's latest Form 144 filing disclose?

The Form 144 shows that Brian Grassadonia intends to sell 8,085 shares of XYZ common stock with an aggregate market value of $500,982.98, using Morgan Stanley Smith Barney LLC as broker.

When and where are the XYZ shares expected to be sold under this Form 144?

The filing lists an approximate sale date of 11/24/2025 for the 8,085 common shares, with the securities identified for trading on the NYSE.

How were the XYZ shares in this Form 144 acquired?

The 8,085 shares of common stock covered by this notice were acquired on 11/20/2025 as restricted stock from the issuer, with the nature of payment shown as "Not Applicable."

How many XYZ shares are reported as outstanding in the Form 144?

The Form 144 indicates that the number of XYZ common shares outstanding is 547,667,000 at the time of the filing, providing a baseline for the issuer's equity.

What other XYZ share sales has Brian Grassadonia reported in the last three months?

The notice lists several prior sales of XYZ common stock in the past three months by Brian Grassadonia, including 35,145 shares sold on 10/08/2025 for $2,811,600.00 and additional transactions on 09/02/2025, 10/02/2025, 10/03/2025, and 11/21/2025.

What representation does the seller make about XYZ's non-public information in this Form 144?

By signing the notice, the seller represents that they do not know any material adverse information about XYZ's current or prospective operations that has not been publicly disclosed, as required under Rule 144.