Smartsheet Inc Submits Form 144 Filing: News Update
In a recent SEC filing, Smartsheet Inc (0001366561) submitted a Form 144 indicating the intention to sell restricted stock. This filing is significant as it provides insight into the company’s plans for its shares and potential market activity. Form 144 is typically filed by company insiders or affiliates who plan to sell their shares, allowing investors to track insider trading activities.
Smartsheet Inc is a leading cloud-based platform for work execution, enabling organizations to plan, capture, track, automate, and report on work at scale. With a focus on collaboration and productivity, Smartsheet’s software is used by over 90,000 customers across more than 190 countries. The company’s innovative solutions help businesses streamline processes and drive efficiency in project management and workflow automation. For more information about Smartsheet Inc, visit their website at https://www.smartsheet.com/.
Form 144 is a notice of proposed sale of securities filed with the SEC by an affiliate of a company. It is required when the affiliate plans to sell more than 5,000 shares or $50,000 worth of securities within a three-month period. The form helps ensure transparency in the trading activities of company insiders and provides valuable information to investors about potential market trends.
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Smartsheet Inc Submits SEC Filing Form 144 – What You Need to Know