[144] Zepp Health Corp SEC Filing
Form 144 notice for Zepp Health Corp (ZEPP) reports a proposed sale of 3,000 American Depositary Receipts (ADRs) by a person who acquired them as founder shares on 02/08/2018 from the issuer. The filer plans to sell the ADRs through Piper Sandler & Co. on the NYSE, with an aggregate market value listed at $133,590 and an approximate sale date of 09/29/2025.
The filing states there were no other securities sold by the seller in the past three months and includes the seller's representation that they are not aware of any undisclosed material adverse information about the issuer. The number of ADRs outstanding is reported as 14,591,331, providing context for the size of the proposed sale relative to total shares.
- None.
- None.
Insights
TL;DR: Small founder sale disclosed; insufficient to move valuation or signal material change.
The proposed sale of 3,000 ADRs valued at $133,590 is explicitly recorded as founder shares acquired from the issuer in February 2018 and to be executed via Piper Sandler on the NYSE on 09/29/2025. With 14,591,331 ADRs outstanding, this block represents a very small fraction of outstanding shares. The filing contains no prior 3-month sales by the seller and includes the standard representation about material undisclosed information. From an investor-impact perspective, this is a routine insider liquidity event and not a material corporate development.
TL;DR: Routine disclosure of insider sale; governance controls appear followed.
The document meets Rule 144 disclosure by specifying acquisition date, nature (founder shares), broker, planned sale date, and aggregate value. The seller affirms lack of undisclosed material information and reports no other recent sales. There is no indication of unusual timing, large share concentration, or governance concerns within this notice alone. This filing should be viewed as administrative compliance rather than a governance red flag.