The CEO's Form 144 filing is a routine notice following restricted stock vesting. The pattern of periodic sales for tax withholding on equity awards is standard. Monitor for any acceleration of insider selling beyond this pattern, which could signal reduced confidence.
How the stock moved after the report
⚠ Clustered NEUTRAL VIEWSTOCK BELOW ENTRY AT T+1- T+0 · Nov 4 $2.08entry
- T+1 · 5d ago −6.73%α −2.32% · $1.94
- T+4 · todayOpen
- T+5 · in 13h Pending
- T+20 · in 23d Pending
- T+60 · in 3mo Pending
Price Chart
How similar events traded
Executive Summary
CEO Steve Fambro filed a Form 144 notice of intent to sell 6,146 Class B shares worth approximately $10,685, with the shares acquired through restricted stock vesting. The filing also discloses prior sales by Fambro and his spouse totaling over 19,000 shares in the past three months, some of which were for tax withholding on vested equity.
Key Facts
- CEO Steve Fambro filed Form 144 to sell 6,146 Class B shares
- Approximate value of proposed sale: $10,684.82
- Shares acquired on 11/02/2026 via restricted stock vesting from the issuer
- Prior sales in past 3 months: 6,517 shares on 08/03/2026, 5,994 on 08/04/2026, 6,245 on 11/02/2026, and 742 on 11/02/2026 (spouse's account)
- Spouse Patricia Fambro's sale noted as covering tax obligation from vested equity award
- Company market cap is $68M; proposed sale represents ~0.016% of market cap
Financial Impact
Proposed sale of 6,146 shares worth ~$10,685; prior 3-month sales total ~19,498 shares worth ~$33,952
Risk Factors
- Insider selling could increase if CEO decides to sell additional shares beyond this notice
- Small market cap ($68M) means even modest insider sales can have disproportionate price impact
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-007710 |
| Document: 0001959173-26-007710-index.html | 0001959173-26-007710 |
| Document: 0001959173-26-007710.txt | 0001959173-26-007710 |
Track record
34 reports on SEV
5 of 5 bullish or bearish reports moved the stock their way by T+60. Best: +33.87% at T+60 after the Apr 14, 2026 report. 9 of 10 went positive at some point.
Filters
- Nov 10, 2026today 8-K Bearish 6/10 Entry $1.75 Now $1.62 +7.27% settles Feb 9
- Nov 10, 2026today 424B5 Bearish 5/10 Entry $1.75 Now $1.62 +7.27% settles Feb 9
- Nov 10, 2026today 8-K Neutral 4/10 Entry $1.75 Now $1.62 −7.43% settles Feb 8
- Nov 10, 2026today Press Release Neutral 5/10 Entry $2.17 Now $1.62 −25.35% settles Feb 8
- Nov 3, 20267d ago 144 Neutral 2/10 Entry $2.08 Now $1.62 −22.12% settles Feb 2
- Nov 3, 20267d ago 144 Neutral 3/10 Viewing Entry $2.08 Now $1.62 −22.12% settles Feb 2
- Nov 3, 20267d ago 144 Neutral 2/10 Entry $2.08 Now $1.62 −22.12% settles Feb 2
- Nov 2, 20267d ago 144 Neutral 2/10 Entry $1.82 Now $1.62 −10.99% settles Feb 1
- Nov 2, 20268d ago 144 Neutral 2/10 Entry $1.84 Now $1.62 −11.96% settles Jan 29
- Nov 2, 20268d ago 144 Neutral 2/10 Entry $1.84 Now $1.62 −11.96% settles Jan 29
US Market Status
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