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ABM (NYSE: ABM) Form 144 lists 50,000-share proposed sale and RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

ABM Industries filed a Form 144 notice regarding proposed sales of Common Stock through a broker-dealer. The filing lists 50,000 shares associated with Merrill Lynch and multiple equity award vesting events: 7,073, 29,219, 11,615, and 2,093 restricted/performance units vesting on 01/07/2025–01/10/2025.

The filing records execution details including a figure of $2,317,011.58 and a numeric entry 58,580,923, with a broker location and an exchange listing of NYSE. This notice reflects affiliate selling activity tied to equity compensation vesting.

Positive

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Negative

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Insights

Routine affiliate sale notice tied to vested equity awards.

The filing lists proposed sales of Common Stock by an affiliate through Merrill Lynch, showing 50,000 shares and specific vesting events for restricted stock units and performance share units on 01/07/2025–01/10/2025. These entries are compensation-related vesting events rather than open-market purchase programs.

Cash‑flow treatment and exact timing of sales are not detailed in the excerpt; subsequent trading depends on the affiliate's execution decisions and broker arrangements. Future SEC filings may disclose completed transactions and exact proceeds.

Proposed sale 50,000 shares listed with Merrill Lynch
Numeric entry $2,317,011.58 figure appearing in the filing
Numeric entry 58,580,923 numeric field present in the excerpt
RSU vesting 01/07/2025 7,073 shares Vesting of restricted stock unit awards
PSU vesting 01/08/2025 29,219 shares Vesting of performance share unit awards
RSU vesting 01/09/2025 11,615 shares Vesting of restricted stock unit awards
RSU vesting 01/10/2025 2,093 shares Vesting of restricted stock unit awards
restricted stock unit (RSU) financial
"Vesting of restricted stock unit awards"
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
performance share unit (PSU) financial
"Vesting of performance share unit awards"
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does ABM's Form 144 say about shares to be sold?

The Form 144 lists a proposed sale of 50,000 shares of Common Stock through Merrill Lynch. It also shows multiple equity award vesting events totaling 49,000 shares across specific dates in January 2025.

Which equity awards are referenced in the ABM filing?

The filing references vesting of restricted stock units (RSUs) and performance share units (PSUs) granted under ABM's equity compensation plan, with vesting dates from 01/07/2025 to 01/10/2025 and amounts listed per date.

Does the filing state how much cash ABM or the seller will receive?

The excerpt includes a numeric figure of $2,317,011.58 but does not explicitly state whether this is proceeds to the issuer or the selling holder. The filing ties the sale to an affiliate and a broker-dealer.

Will these shares affect ABM's outstanding share count or dilution?

The Form 144 shows vesting and proposed resale by an affiliate but does not state any change to authorized or outstanding shares. The vesting events reflect issued shares under compensation plans rather than a new primary offering.