Riskified (NYSE: RSKD) insider plans Rule 144 sale of 5,000 Class A shares
Rhea-AI Filing Summary
RSKD received a notice of proposed share sales under Rule 144. An affiliated holder plans to sell 5,000 Class A ordinary shares through Oppenheimer & Co. Inc. on the NYSE, with an aggregate market value of 24,950.00. The filing notes that 112,306,279 Class A ordinary shares were outstanding at the time of the notice, providing context for the sale size.
The seller originally acquired 714,237 Class A ordinary shares in a private placement from the issuer on 07/13/2017 for cash. Over the prior three months, Genesis Partners IV LP reported several sales of Class A ordinary shares, including 6,089, 35,871, and 37,936 shares for gross proceeds of 30,155.53, 172,686.58, and 185,465.31, respectively. The signer represents they are not aware of undisclosed material adverse information about the company.
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FAQ
What does the Form 144 filing for RSKD disclose?
The filing discloses that an affiliate intends to sell 5,000 Class A ordinary shares of RSKD on the NYSE through Oppenheimer & Co. Inc., with an aggregate market value of 24,950.00.
What representation does the seller make about RSKD in this Form 144?
The seller represents that they do not know any material adverse information about the current or prospective operations of the issuer that has not been publicly disclosed.