APTV insider files Rule 144 for 35,000 vested shares valued at $2.6M
Rhea-AI Filing Summary
Aptiv PLC (APTV) insider filed a Form 144 to notify a proposed sale of 35,000 common shares on the NYSE, with an aggregate market value of $2,602,600. The filing states the shares to be sold represent part of previously issued restricted stock that vested on 02/28/2020 (23,100 shares) and 02/28/2021 (11,900 shares). The filer reports 217,759,811 shares outstanding for the class and lists Fidelity Brokerage Services LLC as the broker. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information and contains no reported sales in the past three months.
Positive
- Disclosure appears complete: Form 144 includes acquisition dates, vesting origin, broker, share counts, and aggregate market value.
- No recent sales: The filer reports "Nothing to Report" for sales in the past three months, indicating no recent aggregated dispositions.
Negative
- None.
Insights
TL;DR: Small insider sale filed: 35,000 shares valued at $2.60M; negligible versus total outstanding shares.
The Form 144 discloses a proposed sale of 35,000 common shares through Fidelity Brokerage Services with an aggregate market value of $2,602,600. The shares originated from restricted stock vesting in 2020 and 2021. Given the reported 217,759,811 shares outstanding, the proposed sale represents a minuscule fraction of the float and is unlikely to move market pricing by itself. The filing also confirms no insider sales in the prior three months and includes the usual attestation about lack of undisclosed material adverse information.
TL;DR: Routine Rule 144 disclosure for vested restricted shares; compliance elements appear present.
The notice documents compliant disclosure under Rule 144 for shares acquired via restricted stock vesting on specified dates and lists the executing broker. It contains the required representation regarding material nonpublic information and indicates no aggregated sales in the prior three months. From a governance perspective, the filing meets the procedural requirements shown in the document; no additional governance events are disclosed.