ADUS Form 144: Restricted Stock Sale of 522 Shares on NASDAQ
Rhea-AI Filing Summary
Addus HomeCare (ADUS) filed a Form 144 reporting a proposed resale of 522 common shares through Morgan Stanley Smith Barney LLC on NASDAQ, with an aggregate market value of $56,898 and 18,407,239 shares outstanding. The filing lists an approximate sale date of 08/08/2025.
The securities were acquired as restricted stock from the issuer on 06/12/2025 with payment recorded the same day, and the filer reports "Nothing to Report" for sales in the past three months. This Form 144 is a notice of intended resale under Rule 144 and includes the seller's representation that they are not aware of any undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small, disclosed resale of recently acquired restricted shares; transaction size is immaterial versus outstanding shares.
The filing documents an intended sale of 522 Addus common shares valued at $56,898, to be executed through Morgan Stanley Smith Barney LLC on NASDAQ. The shares were acquired as restricted stock on 06/12/2025 and the planned sale date is 08/08/2025. No sales in the prior three months were reported. For investors this reads as a procedural Rule 144 disclosure of a small resale rather than a material corporate development.
TL;DR: Disclosure appears procedurally compliant; recent restricted grant and quick resale noted with no evident governance red flags.
The form provides broker details and the mandatory seller representation about no undisclosed material adverse information. The amount—522 shares against 18,407,239 outstanding—is negligible in percentage terms, and no other insider dispositions were reported for the prior three months. From a governance perspective this looks like routine compliance with Rule 144 reporting requirements rather than signaling broader governance or financial issues.