Robert M. Reich sells 24,594 shares of SNDR (NYSE: SNDR) reported in Form 144
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Morgan Stanley Smith Barney LLC Executive Financial Services filed a Form 144 reporting a proposed sale of 24,594 shares of Common Stock by Robert M. Reich, dated 05/04/2026. The filing shows aggregate sale proceeds of $753,766.22.
Positive
- None.
Negative
- None.
Insights
Routine Rule 144 resale notice for an executive sale.
The Form 144 lists a proposed disposition of 24,594 shares by Robert M. Reich with reported proceeds of $753,766.22 on 05/04/2026. This filing serves as a compliance notice under resale restrictions.
Cash‑flow treatment is shown as proceeds to the selling holder; other transaction mechanics or trading plan details are not provided in the excerpt.
Key Figures
Shares sold: 24,594 shares
Aggregate proceeds: $753,766.22
Security type: Common (Performance Shares)
3 metrics
Shares sold
24,594 shares
reported disposition date <date>05/04/2026</date>
Aggregate proceeds
$753,766.22
proceeds reported in Form 144 for the sale on <date>05/04/2026</date>
Security type
Common (Performance Shares)
listed as Performance Shares with record date <date>12/31/2023</date>
Key Terms
Form 144, Rule 144, Performance Shares
3 terms
Form 144 regulatory
"filed a Form 144 reporting a proposed sale of 24,594 shares"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Rule 144 regulatory
"a compliance notice under Rule 144 for resale by an affiliate"
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.
FAQ
What does SNDR's Form 144 filed by Robert M. Reich report?
It reports a proposed sale of 24,594 shares with aggregate proceeds of $753,766.22. The notice is dated 05/04/2026 and is a compliance filing under Rule 144 for resale by an affiliate.
Who is identified as the selling holder in the SNDR Form 144?
The selling holder is listed as Robert M. Reich, with an address shown in Green Bay, WI. The Form 144 identifies him as the discloser for the reported disposition on 05/04/2026.
What proceeds were reported on the SNDR Form 144?
The Form 144 reports aggregate proceeds of $753,766.22 from the sale of 24,594 shares. The filing shows that amount alongside the transaction date of 05/04/2026.
Does the Form 144 indicate the reason for the SNDR sale?
No. The excerpt only lists the security type, number of shares, date, and aggregate proceeds. It does not state whether the sale was for diversification, tax, or other personal reasons.