10,000-share Rule 144 sale by RAPP (NASDAQ: RAPP) lists $278,400 value
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
RAPP submitted a Rule 144 notice listing a proposed sale of 10,000 shares of Common stock. The filing shows a value of $278,400.00 and references Cheryl Gault with an address on the filing. Dates shown include 09/05/2024 and 03/30/2026.
Positive
- None.
Negative
- None.
Insights
Routine Rule 144 notice for an insider resale of 10,000 common shares.
The filing lists a proposed resale of $278,400.00 worth of 10,000 common shares under Rule 144 and names Cheryl Gault in the signature/remarks line. The document appears to be an administrative resale notice rather than a corporate action.
The filing includes dates 09/05/2024 and 03/30/2026; timing and exact sale mechanics are not detailed in the excerpt. Subsequent SEC or broker reports would show execution status.
Key Figures
Shares to be sold: 10,000 shares
Reported value: $278,400.00
Reference number: 47,792,943
+1 more
4 metrics
Shares to be sold
10,000 shares
Securities To Be Sold line dated 09/05/2024
Reported value
$278,400.00
Securities Information value field
Reference number
47,792,943
Securities Information line (03/30/2026)
Additional amount shown
58,265.02
Line with Cheryl Gault entry dated 03/05/2026
Key Terms
Rule 144, Founders Shares, Securities To Be Sold
3 terms
Rule 144 regulatory
"Securities To Be Sold / 09/05/2024 / Founders Shares"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Securities To Be Sold regulatory
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"
FAQ
What does RAPP's Form 144 disclose about the sale?
It discloses a proposed sale of 10,000 shares of common stock. The filing lists a value of $278,400.00 and names Cheryl Gault with associated filing dates and address details for the seller.
Who is listed as the reporting person on the RAPP Form 144?
The filing lists Cheryl Gault with an address at 99 High Street, Suite 2100, Boston. The line appears in the remarks/signature area and is tied to a common-stock sale entry on the form.
Does the Form 144 indicate when the sale will occur?
The excerpt displays dates including 09/05/2024 and 03/30/2026, but it does not state a specific execution date or trade method for the sale. Further filings would be needed for confirmed execution details.