ALG (ALG) files Form 144 for potential sale of 2,715 common shares
Rhea-AI Filing Summary
ALG has a Form 144 filing indicating a planned sale of up to 2,715 shares of common stock through Fidelity Brokerage Services LLC on the NYSE, with an aggregate market value of $446,368.72. The filing notes that the shares relate to equity compensation events, including restricted stock vesting and stock option exercises scheduled between February 2024 and February 2025.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 2,715 shares of common stock
Aggregate market value: $446,368.72
Restricted stock vesting shares (2024): 1,125 shares
+2 more
5 metrics
Shares to be sold
2,715 shares of common stock
Maximum amount listed with broker for potential sale
Aggregate market value
$446,368.72
Aggregate market value of 2,715 common shares to be sold
Restricted stock vesting shares (2024)
1,125 shares
Restricted Stock Vesting dated 02/25/2024
Stock option exercise shares
675 shares
Stock Option Exercise dated 11/11/2024
Restricted stock vesting shares (2025)
915 shares
Restricted Stock Vesting dated 02/25/2025
Key Terms
Form 144, Restricted Stock Vesting, Stock Option Exercise
3 terms
Form 144 regulatory
"ALG has a Form 144 filing indicating a planned sale"
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.
Restricted Stock Vesting financial
"Common | 02/25/2024 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Stock Option Exercise financial
"Common | 11/11/2024 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
FAQ
What does ALG's latest Form 144 filing disclose?
ALG’s Form 144 discloses an intention to sell up to 2,715 shares of common stock through Fidelity Brokerage Services LLC on the NYSE with an aggregate market value of $446,368.72, related to existing and future equity compensation events.
What equity compensation events are referenced in ALG’s Form 144?
The filing references Restricted Stock Vesting on 02/25/2024 (1,125 shares) and 02/25/2025 (915 shares), and a Stock Option Exercise on 11/11/2024 (675 shares), indicating compensation-related sources of the shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.