Insider sale: Hanna Tikkanen Merk proposes sale of 13,155 shares (ASA)

Rhea-AI Filing Summary

Hanna Tikkanen Merk filed a Form 144 reporting proposed sales of common stock, including 200 shares dated 02/19/2026 and 13,155 shares dated 02/20/2026.

The filing also lists multiple prior open market purchases with trade dates ranging from 12/18/2018 through 01/16/2025 and individual lot sizes shown in the excerpt.

Key Figures

Proposed sale: 200 shares Proposed sale: 13,155 shares Open-market purchase lot: 31,248 shares

3 metrics

Proposed sale 200 shares proposed sale dated 02/19/2026

Proposed sale 13,155 shares proposed sale dated 02/20/2026

Open-market purchase lot 31,248 shares open market purchase dated 01/16/2025

Key Terms

Form 144, Open market purchase, NYSE Common

3 terms

Form 144 regulatory

"filed a Form 144 reporting proposed sales of common stock"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Open market purchase market

"Open market purchase | Open market | 01/03/2025 | 30825"

An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.

NYSE Common market

"18499850 | 04/20/2026 | NYSE Common"

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	Fidelity Brokerage Services LLC 245 Summer Street Boston MA 02110	34094	2326575.00	18499850	04/20/2026	NYSE
Common	Interactive Brokers LLC Two Pickwick Plaza Greenwich CT 06830	269711	18405079.00	18499850	04/20/2026	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 *
Common	12/18/2018	Open market purchase	Open market			27640	12/18/2018	cash
Common	05/06/2019	Open market purchase	Open market			2050	05/06/2019	cash
Common	09/25/2020	Open market purchase	Open market			2080	09/25/2020	cash
Common	12/05/2023	Open market purchase	Open market			2100	12/05/2023	cash
Common	12/06/2023	Open market purchase	Open market			3600	12/06/2023	cash
Common	12/07/2023	Open market purchase	Open market			4500	12/07/2023	cash
Common	12/08/2023	Open market purchase	Open market			6700	12/08/2023	cash
Common	12/11/2023	Open market purchase	Open market			4450	12/11/2023	cash
Common	12/12/2023	Open market purchase	Open market			7720	12/12/2023	cash
Common	12/14/2023	Open market purchase	Open market			24400	12/14/2023	cash
Common	01/02/2024	Open market purchase	Open market			25549	01/02/2024	cash
Common	12/26/2024	Open market purchase	Open market			1100	12/26/2024	cash
Common	12/27/2024	Open market purchase	Open market			23068	12/27/2024	cash
Common	12/31/2024	Open market purchase	Open market			3366	12/31/2024	cash
Common	01/02/2025	Open market purchase	Open market			11075	01/02/2025	cash
Common	01/03/2025	Open market purchase	Open market			30825	01/03/2025	cash
Common	01/06/2025	Open market purchase	Open market			21400	01/06/2025	cash
Common	01/07/2025	Open market purchase	Open market			12374	01/07/2025	cash
Common	01/08/2025	Open market purchase	Open market			700	01/08/2025	cash
Common	01/10/2025	Open market purchase	Open market			28160	01/10/2025	cash
Common	01/14/2025	Open market purchase	Open market			29700	01/14/2025	cash
Common	01/16/2025	Open market purchase	Open market			31248	01/16/2025	cash

* 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
Hanna Tikkanen Merk c/o ACA 190 Middle Street Portland ME 04101	Common	02/19/2026	200	14120.00
Hanna Tikkanen Merk c/o ACA 190 Middle Street Portland ME 04101	Common	02/20/2026	13155	928743.00

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

What does the ASA Form 144 filing report?

It reports proposed sales of ASA common stock by a holder. The filing lists 200 shares on 02/19/2026 and 13,155 shares on 02/20/2026, plus earlier open-market purchase lots shown in the excerpt.

Who is the selling party in the ASA Form 144?

The selling party is Hanna Tikkanen Merk. The excerpt lists an address for the holder and shows the two proposed sale dates with share counts: 200 and 13,155 shares.

Do the Form 144 entries show how the shares were acquired?

Yes, the excerpt lists earlier open-market purchases. Multiple lots are shown with dates from 12/18/2018 through 01/16/2025 and individual lot sizes such as 31,248 shares.

Does Form 144 mean the shares have already been sold?

No. Form 144 reports proposed sales under Rule 144. The filing lists the intended sale dates and amounts; execution of the sales is separate and not confirmed by the notice itself.