ACA Form 144 Filed for 4,000 Common Shares; Acquired via PSU Vesting
Rhea-AI Filing Summary
Arcosa, Inc. (ACA) submitted a Form 144 proposing the sale of 4,000 common shares through Merrill Lynch on the NYSE, with an aggregate market value of $394,080 and an approximate sale date of 08/12/2025. The filing shows the shares were acquired on 05/15/2024 as the vesting of performance stock units issued under an effective Form S-8, with 7,342 units noted as acquired that date. The document lists 49,044,906 shares outstanding and reports no sales by the seller in the past three months. The broker is identified as Merrill Lynch, Pierce, Fenner & Smith, Inc., 5910 N Central Expressway, Suite 2000, Dallas, TX 75206. Several administrative fields in the extracted content, such as filer CIK, issuer address details, and the signature/date of notice, are not provided in the supplied text. The filer makes the standard representation that they are not aware of any undisclosed material adverse information.
Positive
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Negative
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Insights
TL;DR: Routine insider/beneficial holder sale notice for 4,000 shares; immaterial relative to total shares outstanding.
The Form 144 is a procedural notice indicating a proposed sale of 4,000 common shares valued at $394,080 through a national broker on 08/12/2025. The underlying shares originated from PSU vesting on 05/15/2024 under an effective Form S-8. With 49,044,906 shares outstanding, the proposed sale represents a de minimis portion of the float and carries no disclosed recent sales in the prior three months. Absent further context on the seller's identity or larger scheduled disposals, this filing is a routine liquidity event rather than a material corporate development.
TL;DR: Filing follows standard disclosure practices for vested equity; missing administrative details limit traceability.
The notice documents the sale channel, acquisition source (vesting of PSUs), and amount to be sold, which aligns with common post-vesting dispositions. However, key administrative elements in the provided extract—such as filer CIK and the signature/date—are not included, reducing the filing's traceability from the supplied text alone. The inclusion of the attestation regarding undisclosed material adverse information is standard. From a governance perspective, the record shows compliance with Form 144 content requirements in substance, though the extracted copy appears partially incomplete.