ALNT (ALNT) holder files Form 144 to sell 70,000 common shares
Rhea-AI Filing Summary
ALNT filed a notice of proposed sale of common stock under Rule 144. The filer plans to sell 70,000 shares of common stock through Fidelity Brokerage Services LLC on NASDAQ, with a stated aggregate market value of $7,950,770.47 as of 08/10/2026.
Positive
- None.
Negative
- None.
Key Figures
Proposed shares to be sold: 70,000 shares
Aggregate market value: $7,950,770.47
Restricted stock vesting 11/16/2001: 3,750 shares
+2 more
5 metrics
Proposed shares to be sold
70,000 shares
Common stock covered by the Rule 144 notice
Aggregate market value
$7,950,770.47
Value associated with 70,000 ALNT common shares as of 08/10/2026
Restricted stock vesting 11/16/2001
3,750 shares
Common stock vested as compensation from issuer on 11/16/2001
Restricted stock vesting 07/07/2003
7,500 shares
Common stock vested as compensation from issuer on 07/07/2003
Restricted stock vesting 07/08/2023
6,000 shares
Common stock vested as compensation from issuer on 07/08/2023
Key Terms
Form 144, Rule 144, Restricted Stock Vesting, Compensation
4 terms
Form 144 regulatory
"ALNT filed a notice of proposed sale of common stock under Rule 144."
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.
Rule 144 regulatory
"notice of proposed sale of common stock under Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Multiple entries list Common stock from Restricted Stock Vesting as Compensation."
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.
Compensation financial
"Restricted Stock Vesting entries are categorized as Compensation from the issuer."
FAQ
What does ALNT's Form 144 filing disclose?
The filing discloses an intended sale of 70,000 shares of ALNT common stock under Rule 144, with an aggregate market value of $7,950,770.47, to be sold through Fidelity Brokerage Services LLC on NASDAQ.
Does ALNT receive proceeds from the Form 144 sale?
Form 144 covers a resale of existing shares by an affiliate or holder. The filing describes a holder’s proposed sale; it does not describe a primary offering of new shares by ALNT.
AI-generated analysis. How Rhea-AI works. Not financial advice.