XYZ (XYZ) discloses insider plan to sell 423 Class A shares

Rhea-AI Filing Summary

XYZ received a Form 144 notice for a planned sale of Class A common stock. Insider Ajmere Dale intends to sell 423 shares through Morgan Stanley Smith Barney LLC Executive Services, with an aggregate market value of $27,064.66. The shares are listed on the NYSE, and the approximate sale date indicated is 01/02/2026. Shares outstanding were 574,667,000 Class A shares at the time referenced.

The filing also lists Ajmere Dale’s prior sales of the same stock over the past three months: 750 shares on 10/08/2025 for gross proceeds of $60,000, 2,724 shares on 11/21/2025 for $167,265.19, and 750 shares on 01/02/2026 for $49,290. The 423 shares to be sold were acquired as restricted stock from the issuer on 01/01/2026 and fully paid on the same date.

Insights

Equity markets analyst

Form 144 shows a modest insider sale plan relative to total shares.

The notice indicates that insider Ajmere Dale plans to sell 423 shares of XYZ Class A common stock with an aggregate market value of $27,064.66. This is to be executed through Morgan Stanley Smith Barney LLC Executive Services on or around 01/02/2026, with the shares traded on the NYSE. Class A shares outstanding were 574,667,000 at the referenced time, so the planned transaction represents a very small fraction of the equity base.

The filing also details recent selling activity by the same insider: 750 shares sold on 10/08/2025 for $60,000, 2,724 shares on 11/21/2025 for $167,265.19, and 750 shares on 01/02/2026 for $49,290. Form 144 requires the seller to state that they do not know of undisclosed material adverse information, so this document mainly serves as a transparency and compliance step rather than a clearly positive or negative signal by itself.

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
Class A Common Stock	Morgan Stanley Smith Barney LLC Executive Services 200 W Civic Center Drive 4th Floor Sandy UT 84070	423	27064.66	574667000	01/02/2026	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 *
Class A Common Stock	01/01/2026	Restricted Stock	Issuer			423	01/01/2026	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
Ajmere Dale 1955 Broadway Suite 600 Oakland CA 94612	Class A Common Stock	01/02/2026	750	49290
Ajmere Dale 1955 Broadway Suite 600 Oakland CA 94612	Class A Common Stock	11/21/2025	2724	167265.19
Ajmere Dale 1955 Broadway Suite 600 Oakland CA 94612	Class A Common Stock	10/08/2025	750	60000

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 XYZ (symbol: XYZ) shares does Ajmere Dale plan to sell under this Form 144?

The notice states that 423 shares of Class A common stock of XYZ are to be sold. These shares are to be sold through Morgan Stanley Smith Barney LLC Executive Services on or about 01/02/2026.

What is the aggregate market value of the XYZ shares to be sold?

The Form 144 indicates an aggregate market value of $27,064.66 for the 423 Class A common shares of XYZ that are planned for sale.

How many XYZ Class A shares are outstanding according to this filing?

The securities information table reports that 574,667,000 shares of XYZ Class A common stock were outstanding at the time referenced in the notice.

What prior XYZ share sales by Ajmere Dale are disclosed in the last 3 months?

The document lists three prior sales of XYZ Class A common stock by Ajmere Dale in the past three months: 750 shares on 10/08/2025 for $60,000, 2,724 shares on 11/21/2025 for $167,265.19, and 750 shares on 01/02/2026 for $49,290.

How and when did Ajmere Dale acquire the 423 XYZ shares being sold?

The 423 shares of XYZ Class A common stock were acquired as restricted stock from the issuer on 01/01/2026. The notice states that the amount of securities acquired was 423 and the date of payment was also 01/01/2026, with the nature of payment marked as Not Applicable.

On which exchange will the XYZ shares be sold and through which broker?

The planned sale of XYZ Class A common stock is to be executed on the NYSE. The broker named in the filing is Morgan Stanley Smith Barney LLC Executive Services, located in Sandy, Utah.

What representation does the seller make about information on XYZ in this Form 144?

The person for whose account the securities are to be sold represents by signing that they do not know any material adverse information about the current and prospective operations of XYZ that has not been publicly disclosed, consistent with Form 144 requirements.