Way (WAY): insider Sinclair plans $1.22M stock sale via options

Rhea-AI Filing Summary

WAY insider Eric L. Sinclair III has filed a notice to sell up to 40,225 shares of common stock through Morgan Stanley Smith Barney, with an indicated aggregate market value of $1,217,610.75. The shares relate to a same-day exercise of stock options on 01/20/2026, paid in cash, and are listed for sale on NASDAQ. The notice also reports that 191,316,583 shares of common stock were outstanding. Over the prior three months, the same seller completed two Rule 10b5-1 plan sales of 9,701 shares each, for gross proceeds of $318,395.55 and $342,181.43, respectively. By signing, the seller represents they are not aware of undisclosed material adverse information about the issuer.

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
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	40225	1217610.75	191316583	01/20/2026	NASDAQ

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 *
Common	01/20/2026	Exercise of Stock Options	Issuer			40225	01/20/2026	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for ERIC L SINCLAIR III 1550 Digital Drive, #300 Lehi UT 84043	Common	12/22/2025	9701	318395.55
10b5-1 Sales for ERIC L SINCLAIR III 1550 Digital Drive, #300 Lehi UT 84043	Common	11/20/2025	9701	342181.43

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

How many WAY common shares does Eric L. Sinclair III plan to sell under this Form 144?

The notice covers a proposed sale of 40,225 shares of WAY common stock, to be sold through Morgan Stanley Smith Barney on NASDAQ.

What is the aggregate market value of the WAY shares covered by this planned sale?

The 40,225 WAY common shares listed in the notice have an indicated aggregate market value of $1,217,610.75.

How were the 40,225 WAY shares being sold acquired?

The 40,225 shares of WAY common stock were acquired on 01/20/2026 through an exercise of stock options, with the purchase price paid in cash.

How many WAY shares were outstanding when this Form 144 was filed?

The notice states that 191,316,583 shares of WAY common stock were outstanding at the time referenced.

What prior sales of WAY stock by Eric L. Sinclair III are disclosed in the past 3 months?

The notice lists two prior Rule 10b5-1 sales: 9,701 shares on 11/20/2025 for $342,181.43 and 9,701 shares on 12/22/2025 for $318,395.55.

On which exchange are the WAY shares in this Form 144 expected to be sold?

The notice identifies NASDAQ as the securities exchange where the WAY common shares are expected to be sold.

What representation does the seller make about non-public information in this WAY 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.