Alexander & Baldwin Rule 144 notice for 700-share sale
Rhea-AI Filing Summary
Alexander & Baldwin (ALEX) filed a Form 144 notice for a proposed sale of 700 common shares through UBS Financial Services, with an aggregate market value of $10,864.00. The filing lists an approximate sale date of 11/10/2025 on the NYSE.
The shares to be sold were acquired as compensation on 02/01/2023. The filing also reports recent sales by The Meredith J Ching Revocable Living Trust: 700 shares on 08/11/2025 for $12,700.80, 700 shares on 09/10/2025 for $13,128.78, and 700 shares on 10/10/2025 for $11,728.57. Shares outstanding were 72,758,460 as of the filing’s reference line.
This is a notice of intent to sell under Rule 144; actual sales and timing depend on market conditions and applicable Rule 144 limits.
Positive
- None.
Negative
- None.
Insights
Routine Rule 144 notice for a small proposed sale.
The filing discloses a planned sale of 700 ALEX common shares with an $10,864.00 aggregate market value via UBS Financial Services, targeted around 11/10/2025. The shares were originally acquired as compensation on 02/01/2023, aligning with Rule 144’s disclosure requirements.
Reported prior sales in the last three months were 700 shares each month with gross proceeds of $12,700.80, $13,128.78, and $11,728.57. Shares outstanding are stated at 72,758,460, indicating the proposed sale is small relative to the float based on the provided figures.
Rule 144 notices are administrative; market impact depends on execution and volume relative to trading. The filing lists NYSE as the exchange; the cash flow from any sale would accrue to the selling holder.