RDDT (ticker: RDDT) files Form 144 for 108,000-share planned sale
Rhea-AI Filing Summary
RDDT has a planned insider sale disclosed on Form 144. A holder intends to sell 108,000 common shares through Morgan Stanley Smith Barney LLC on the NYSE, with an indicated aggregate market value of $22,416,480. The filing notes that there were 137,824,835 common shares outstanding at the time referenced.
The 108,000 shares were acquired on 11/28/2025 by exercising stock options for cash on the same date. The filing also lists prior sales over the past three months, including 8,146 shares sold by Asterie Eleven on 11/18/2025 and several 18,000‑share sales for THE XYZ REVOCABLE TRUST between 08/29/2025 and 11/14/2025 under Rule 10b5‑1 trading plans.
Positive
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Negative
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FAQ
What does the Form 144 filing for RDDT disclose?
The Form 144 notice for RDDT discloses a planned sale of 108,000 shares of common stock on the NYSE, following acquisition of the shares via stock option exercise paid in cash on 11/28/2025.
What representation does the seller make in the RDDT Form 144?
By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.