Adam Eltoukhy to sell 16,419 IOT shares (NYSE: IOT)
Rhea-AI Filing Summary
Adam Eltoukhy filed a Form 144 reporting an intended sale of 16,419 shares of Common Stock (described as Restricted Stock Units) with a proposed sale date of 03/10/2026. The filing lists prior 10b5-1 plan sales of 4,688 shares on 02/20/2026, 01/20/2026, and 12/22/2025, with gross proceeds of $125,611.42, $152,563.21, and $179,664.11, respectively.
Positive
- None.
Negative
- None.
Insights
Form 144 notifies the market of a planned insider sale under a 10b5-1 framework.
The filing lists an intent to sell 16,419 shares of Common Stock on 03/10/2026, described as Restricted Stock Units. It also records three prior 10b5-1 transactions totaling 14,064 shares across 12/22/2025, 01/20/2026, and 02/20/2026 with stated gross proceeds.
These entries are procedural disclosures: the cash treatment and whether sales occur via block trades, brokerage transactions, or other methods is cash-flow treatment not specified in the provided excerpt. Subsequent trading reports will show completed dispositions and any changes to remaining holdings.