STOCK TITAN

Bayview Legacy (AIP) plans 700,000-share resale; 10b5-1 sales totaled 210,000

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

Rhea-AI Filing Summary

Bayview Legacy, LLC reported proposed resale of 700,000 shares of Common Stock, acquired 11/05/2013, on Nasdaq. The filing lists recent automated sales executed under a 10b5-1 plan: 70,000 shares sold on each of 04/08/2026, 05/08/2026, and 06/08/2026, with proceeds of $1,332,782, $2,183,986, and $2,443,434, respectively.

Shares outstanding are shown as 46,171,982 as of 07/01/2026. The resale is described as a private acquisition from the issuer or an affiliate, and transactions were effected pursuant to a 10b5-1 plan per the sales entries.

Positive

  • None.

Negative

  • None.

Insights

Rule 144 resale filing documents a planned resale of restricted shares and recent 10b5-1 executions.

The filing shows a resale of 700,000 shares acquired on 11/05/2013 and three executed 10b5-1 sales of 70,000 shares each in April–June 2026. The filing language identifies the acquisition source as a "Private Acquisition from Issuer or an Affiliate."

Key compliance items to note: ensure volume limitations and any holding-period requirements under Rule 144 were met given the acquisition date; timing and method of future sales are governed by the 10b5-1 plan terms. Cash‑flow treatment is the selling holder’s proceeds from resale.

Representative selling activity shows staged dispositions under an automated plan, modest relative to the outstanding share count.

The excerpt lists recent 10b5-1 sales totaling 210,000 shares over three months and a prospective 700,000-share resale filing. Shares outstanding are reported as 46,171,982 as of 07/01/2026, providing scale for potential overhang.

Actual market impact depends on subsequent holder decisions and execution method; future filings will clarify whether remaining planned sales are incremental to these 10b5-1 trades.

Shares proposed for resale 700,000 shares acquired 11/05/2013
10b5-1 sale (Apr 8 2026) 70,000 shares proceeds $1,332,782 on 04/08/2026
10b5-1 sale (May 8 2026) 70,000 shares proceeds $2,183,986 on 05/08/2026
10b5-1 sale (Jun 8 2026) 70,000 shares proceeds $2,443,434 on 06/08/2026
Shares outstanding 46,171,982 shares as of 07/01/2026
10b5-1 regulatory
"10b5-1 Sales for BAYVIEW LEGACY, LLC 900 E. Hamilton Ave."
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Private Acquisition from Issuer or an Affiliate transactional
"Private Acquisition from Issuer or an Affiliate | Issuer"
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.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

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 Bayview Legacy, LLC's Form 144 say about the number of shares for resale?

The Form 144 lists a proposed resale of 700,000 shares of Common Stock, acquired on 11/05/2013. This is the amount identified in the filing as the securities to be sold.

Which recent 10b5-1 sales by Bayview Legacy, LLC are reported in the filing?

The filing reports three 10b5-1 sales of 70,000 shares each on 04/08/2026, 05/08/2026, and 06/08/2026, with proceeds of $1,332,782, $2,183,986, and $2,443,434, respectively.

What acquisition source is listed for the shares Bayview Legacy intends to sell?

The filing identifies the shares as a "Private Acquisition from Issuer or an Affiliate", with the acquisition date shown as 11/05/2013 in the securities-to-be-sold section.

On which exchange are the shares listed according to the excerpt?

The excerpt shows the security trading venue as NASDAQ and provides an outstanding-share figure of 46,171,982 as of 07/01/2026 for context.

Do the reported transactions indicate how proceeds are treated?

Proceeds shown correspond to the selling holder's 10b5-1 sales ($1,332,782, $2,183,986, $2,443,434); the filing does not allocate proceeds to the issuer. Cash‑flow treatment is the selling holder’s proceeds.