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