NVTS (NASDAQ: NVTS) Form 144 lists 8.0M shares vesting; potential sales

Rhea-AI Filing Summary

NVTS reports a Form 144 notice to sell restricted Class A Common Stock. The filing lists proposed sales tied to RSU vesting of 8,000,000 shares on 09/03/2025 and 22,559 shares on 03/03/2026230,792,765 as of 03/17/2026.

Insights

Securities Counsel

Form 144 lists proposed restricted‑security sales following RSU vesting dates.

The filing documents proposed dispositions tied to RSU vesting: 8,000,000 shares vesting on 09/03/2025 and 22,559 shares vesting on 03/03/2026

Timing and method of actual sales are not stated here; subsequent broker reports or Form 4 filings will show executed transactions and cash‑flow treatment.

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
Class A Common Stock, par value $0.0001 per share	UBS Financial Services Inc. 555 California St. Suite 3200 San Francisco CA 94104	13323	139758.00	230792765	03/17/2026	Nasdaq Global Market

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 *
Class A Common Stock, par value $0.0001 per share	09/03/2025	RSU vesting	Issuer			8000000	09/03/2025	N/A
Class A Common Stock, par value $0.0001 per share	03/03/2026	RSU vesting	Issuer			22559	03/03/2026	N/A

* 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

Nothing to Report

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 NVTS's Form 144 disclose about planned sales?

It discloses proposed sales tied to RSU vesting: 8,000,000 shares vesting on 09/03/2025 and 22,559 shares vesting on 03/03/2026

Does the Form 144 show how many shares NVTS has outstanding?

Yes; the filing shows shares outstanding as 230,792,765 as of 03/17/2026. That figure is presented as a baseline in the excerpt and helps contextualize the scale of the proposed vesting amounts.

Will NVTS receive proceeds from the proposed sales in Form 144?

The excerpt does not state proceeds treatment. Form 144 typically notifies of proposed sales of restricted securities; whether the issuer or holders receive proceeds is not specified in the provided excerpt.

How will investors know if these proposed sales actually occur?

Executed sales by reporting persons appear later in Form 4 or through broker reports. Monitor subsequent SEC filings for post‑vesting dispositions or Form 4 entries that confirm the timing, amounts sold, and cash‑flow recipients.