XYZ: Brian Grassadonia discloses planned 6,460-share Rule 144 sale
Rhea-AI Filing Summary
XYZ insider plans additional share sale under Rule 144. Brian Grassadonia has filed to sell 6,460 shares of Class A common stock through Morgan Stanley Smith Barney LLC on or about 11/21/2025 on the NYSE. The table lists 547,667,000 Class A shares outstanding, providing context for the planned sale size.
The shares to be sold were acquired as restricted stock from the issuer on 11/20/2025. The notice also discloses that over the prior three months Grassadonia sold multiple blocks of Class A common stock, including 35,145 shares on 10/08/2025 and additional smaller transactions in October, September, and August 2025 with stated gross proceeds for each sale.
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FAQ
What does the XYZ Rule 144 notice disclose?
The notice shows that Brian Grassadonia intends to sell 6,460 shares of XYZ Class A common stock on or about 11/21/2025 on the NYSE under Rule 144.
How many XYZ shares has the insider sold in the past 3 months?
The filing lists several prior sales of XYZ Class A common stock, including 35,145 shares on 10/08/2025, 1,679 shares on 10/03/2025, 1,342 shares on 10/02/2025, 9,760 shares on 09/02/2025, and 6,465 shares on 08/21/2025, each with stated gross proceeds.
How were the 6,460 XYZ shares being sold acquired?
The 6,460 Class A shares were acquired as restricted stock from the issuer on 11/20/2025, with the same date shown as the payment date and the nature of payment marked as not applicable.
What does the Rule 144 notice say about outstanding XYZ shares?
The securities information table reports 547,667,000 Class A common shares outstanding, which serves as a baseline figure for understanding the relative size of the insider’s transactions.
Which broker is handling the planned XYZ share sale?
The planned sale of 6,460 Class A shares is listed as being executed through Morgan Stanley Smith Barney LLC Executive Services, based in Sandy, Utah.
What representation does the insider make in the Rule 144 notice?
By signing the notice, the insider represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.