Aptiv (APTV) insider files Form 144 to sell 7,881 shares on NYSE
Rhea-AI Filing Summary
Aptiv has a planned insider sale disclosed on a Form 144 notice. The insider proposes to sell 7,881 shares of common stock through Fidelity Brokerage Services LLC on the NYSE, with an indicated aggregate market value of 603,684.60. The table lists 216,079,411 shares of common stock outstanding for the issuer.
The shares to be sold were acquired over time through restricted stock vesting from the issuer as compensation, with vesting dates on 04/24/2019, 04/29/2021, 04/26/2022, and 04/25/2023 for blocks of 1,587, 3,763, 946, and 1,585 shares respectively. This filing is a notice of a potential sale under Rule 144 and does not by itself guarantee that all shares will be sold.
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FAQ
What does the Aptiv (APTV) Form 144 filing disclose?
The filing discloses that an insider of Aptiv has filed a notice of proposed sale under Rule 144 for 7,881 shares of common stock, with an indicated aggregate market value of 603,684.60, to be sold through Fidelity Brokerage Services LLC on the NYSE.
How many Aptiv (APTV) shares are planned to be sold and what is their market value?
The notice covers a proposed sale of 7,881 shares of Aptiv common stock with an aggregate market value of 603,684.60, as shown in the securities information table.
How were the Aptiv (APTV) shares in the Form 144 acquired?
The shares were acquired through restricted stock vesting from the issuer as compensation, on 04/24/2019 (1,587 shares), 04/29/2021 (3,763 shares), 04/26/2022 (946 shares), and 04/25/2023 (1,585 shares). The nature of payment is listed as Compensation in each case.
What does the Aptiv (APTV) Form 144 say about shares outstanding?
The securities information section lists 216,079,411 shares of Aptiv common stock outstanding, providing context for the size of the proposed 7,881-share sale.
Which broker and exchange are involved in the Aptiv (APTV) Form 144 sale?
The proposed sale is listed with Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, RI 02917, and the securities are to be sold on the NYSE, as named in the filing.
Does the Aptiv (APTV) Form 144 guarantee that the shares will be sold?
No. The Form 144 is a notice of proposed sale under Rule 144. It discloses an intention and conditions for a potential sale, but it does not by itself ensure that all or any of the 7,881 shares will actually be sold.