Monitor for actual sale execution via Form 4 filings. The two-year holding period since private placement suggests this may be a routine liquidity event by the fund, not a signal of deteriorating fundamentals. No immediate price catalyst.
Price Chart
Executive Summary
Green Flag Fund I, L.P., an affiliate of Swarmer, Inc, filed a Form 144 on September 16, 2026, indicating intent to sell 23,885 shares of common stock with an approximate market value of $576,194. The shares were acquired in a private placement on September 9, 2024, and the fund has held them for over two years. The filing signals a planned partial exit by a significant holder, though the sale is not yet executed.
Key Facts
- Green Flag Fund I, L.P. filed Form 144 to sell 23,885 shares of Swarmer common stock.
- Estimated aggregate market value of the proposed sale is $576,193.52.
- Shares were acquired via private placement on September 9, 2024, and have been held for over two years.
- The selling entity is an affiliate of the issuer, not an executive officer or director.
- The filing is an advance notice of intent to sell; the sale may or may not occur.
Financial Impact
Proposed sale of 23,885 shares valued at approximately $576,194, representing a small fraction of the company's market cap (exact market cap not provided).
Risk Factors
- If the sale is executed, it could create modest selling pressure in the near term.
- The filing may raise concerns about insider sentiment if additional affiliates file similar notices.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001628280-26-062291 |
| Document: 0001628280-26-062291-index.html | 0001628280-26-062291 |
| Document: 0001628280-26-062291.txt | 0001628280-26-062291 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 6, 2026 20d ago | DEFM14A | $14.07 $13.13 | ▼ −6.68% | ▼ −6.26% | $9.07 (−35.54%) |
Sep 25, 2026 4w ago | PREM14A | $18.18 $16.37 | ▼ −9.96% | ▼ −9.77% | $9.07 (−50.11%) |
Sep 23, 2026 4w ago | Press Release | $21.97 $20.73 | ▼ −5.64% | ▼ −6.19% | $9.07 (−58.72%) |
Sep 23, 2026 4w ago | Insider Cluster | $21.97 $20.73 | ▲ +5.64% | ▲ +6.19% | $9.07 (+58.72%) |
Sep 21, 2026 5w ago | EFFECT | $23.45 $22.65 | ▲ +3.41% | ▲ +3.40% | $9.07 (+61.32%) |
Sep 17, 2026 5w ago | SC 13D/A | $23.98 $23.45 | ▼ −2.21% | ▼ −3.76% | $9.07 (−62.18%) |
Sep 16, 2026 5w ago | 144 | $24.03 $23.98 | ▼ −0.21% | ▼ −0.34% | $9.07 (−62.26%) |
Sep 10, 2026 6w ago | 8-K | $35.99 $39.59 | ▲ +10.00% | ▲ +9.15% | $9.07 (−74.80%) |
Sep 10, 2026 6w ago | Press Release | $35.99 $39.59 | ▲ +10.00% | ▲ +9.15% | $9.07 (−74.80%) |
Aug 21, 2026 9w ago | Press Release | $42.49 $39.78 | ▼ −6.38% | ▼ −6.08% | $9.07 (−78.65%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers