BRIXMOR (BRX) Form 144 Filed for 2,000-Share Insider Sale on NYSE
Rhea-AI Filing Summary
Form 144 notice reports a proposed sale of 2,000 shares of Common stock with an aggregate market value of $51,480 and approximately 306,099,542 shares outstanding. The approximate date of sale is 07/17/2025 on the NYSE and the listed broker is THE CHARLES SCHWAB CORPORATION at 3000 Schwab Way Westlake TX 76262.
The filing discloses acquisition details for the securities to be sold: grants received as compensation on 04/27/2022 (4,671 shares), 04/26/2023 (5,885 shares), and 04/25/2024 (5,512 shares). The filer reports no securities sold in the past three months and includes the required representation regarding material nonpublic information and trading-plan disclosure language.
Positive
- Sale specifics disclosed: number of shares (2,000), aggregate value ($51,480), approximate sale date (07/17/2025), and exchange (NYSE)
- Acquisition history provided: grants dated 04/27/2022 (4,671), 04/26/2023 (5,885), and 04/25/2024 (5,512) listed as compensation
- No recent dispositions: filer reports nothing sold in the past three months, indicating this is not part of an ongoing rapid sell-down
- Required attestation present: representation regarding material nonpublic information and Rule 10b5-1/trading-plan language included
Negative
- Missing filer identifiers in provided excerpt: filer CIK/CCC and submission contact fields appear blank in the content shown
- Issuer header fields incomplete: issuer name, SEC file number, address and phone are not populated in the provided tables
- Potential procedural concern if originals lack identifiers: absence of clear filer and issuer identification in the excerpt could hinder traceability
Insights
TL;DR: Routine insider sale notice for 2,000 shares, limited financial impact given size versus ~306M outstanding shares.
The Form 144 documents a proposed sale of 2,000 common shares valued at $51,480 against an issuer base of 306,099,542 shares outstanding, implying an immaterial dilution or market impact from this specific sale. Acquisition history shows the shares arose from compensation grants over three consecutive years, confirming this is an insider disposition of previously awarded equity rather than a primary issuance. The filing also reports no sales in the prior three months, which supports the characterization of this as an isolated disposition. Overall, the disclosure is consistent with routine Section 144 compliance and does not present material financial information for investors.
TL;DR: Compliance-focused filing that meets basic Rule 144 disclosure but omits some issuer/filer identifying fields in the presented excerpt.
The document includes the mandatory representations regarding lack of material nonpublic information and the signature/attestation language, fulfilling key governance and legal attestations for a Rule 144 sale. Acquisition entries identify compensation grants and dates, which aids traceability of insider holdings. However, the provided content excerpt lacks explicit filer CIK/CCC and full issuer header details in the issuer section as presented here; if truly missing from the filed form, that would be a procedural deficiency. As presented, the filing otherwise documents the sale particulars required for market transparency.