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Red Flags

Filings a company makes when something has gone wrong, or is about to: a missed reporting deadline (NT 10-K/Q), a delisting from its exchange (Form 25), a deregistration that ends SEC reporting altogether (Form 15), or an insider's notice of intent to sell restricted stock (Form 144). Any one can be routine — Form 144s are filed constantly, and a late filing is sometimes just a late filing — so what is worth reading here is the pattern and the timing.

Insider sale notices · 2
Notable Michael Lewis Black filed notice of proposed sale March 23, 2026

5,000,000 shares · $84,650,000 · via Merrill Lynch · Affiliate

Notable Daniel D'Amato filed notice of proposed sale March 23, 2026

5,000,000 shares · $84,650,000 · via Merrill Lynch · Affiliate

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