Happen (HAPN) CEO Sanborn Scott Sells 28,750 Shares

What Happened
Sanborn Scott, CEO and director of Happen, Inc. (HAPN), sold 28,750 shares on August 5, 2026 in an open-market/private sale for a total of approximately $591,192. The weighted-average price reported was $20.56 per share; the sales were executed across multiple trades at prices between $20.25 and $21.04.

Key Details

• Transaction date: August 5, 2026; Form 4 filed August 7, 2026 (filed within the typical two-business-day window).
• Shares sold: 28,750; weighted-average price: $20.56; total proceeds: ~$591,192.
• Price range: $20.25 to $21.04 across multiple trades (reporting person can provide a per-trade breakdown on request, per footnote).
• Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan established to diversify the reporting person’s holdings. The filing notes that, as disclosed in the company’s 10-Q, the maximum shares sellable under the plan (including this sale) represent 9.4% of the reporting person’s equity interest.
• Shares owned after the transaction: not specified in the provided summary — see the full Form 4 for post-sale holdings.

Context
This was a sale under a pre-established Rule 10b5-1 plan, which is commonly used to schedule routine diversification sales and reduces the implication that the insider acted on nonpublic information. Sales are generally less informative about management’s view of future prospects than purchases; this filing documents a planned sell transaction rather than an opportunistic or discretionary trade.