Insider for XYZ (XYZ) Files Rule 144 to Sell Class A Stock
Rhea-AI Filing Summary
An insider of the company has filed a notice of intent to sell 1,038 shares of Class A common stock through broker Morgan Stanley Smith Barney LLC Executive Services on or around 01/02/2026 on the NYSE, with an indicated aggregate market value of $66,414.02. The shares to be sold were acquired as restricted stock from the issuer on 01/01/2026, with payment noted as not applicable.
Over the prior three months, the same seller, Brian Grassadonia, sold additional Class A common stock in three transactions totaling 49,690 shares for combined gross proceeds of $3,707, +, +? Wait. Need to restate precisely: 8,085 shares for $500,982.98 on 11/24/2025, 6,460 shares for $396,671.47 on 11/21/2025, and 35,145 shares for $2,811,600 on 10/08/2025.
Positive
- None.
Negative
- None.
FAQ
What insider transaction is disclosed for XYZ in this Form 144?
The notice reports an insider's intent to sell 1,038 shares of Class A common stock of the issuer. The sale is planned under Rule 144, which governs resales of restricted or control securities.
What is the approximate value of the Class A shares planned for sale for XYZ?
The planned sale covers 1,038 Class A shares with an indicated aggregate market value of $66,414.02.
When is the planned Rule 144 sale for XYZ expected to occur and on which exchange?
The approximate date of sale is listed as 01/02/2026, and the Class A common stock is expected to be sold on the NYSE.
How were the 1,038 XYZ Class A shares being sold under Rule 144 acquired?
The 1,038 Class A shares were acquired on 01/01/2026 as restricted stock from the issuer, with the nature of payment described as Not Applicable.
What other recent XYZ share sales by the same insider are disclosed?
The document shows that Brian Grassadonia sold Class A common stock in three prior transactions: 8,085 shares for $500,982.98 on 11/24/2025, 6,460 shares for $396,671.47 on 11/21/2025, and 35,145 shares for $2,811,600 on 10/08/2025.
How many XYZ Class A shares are outstanding according to this notice?
The notice lists 547,667,000 shares of Class A common stock outstanding for the issuer.