Planned sale of 2,151 shares disclosed by BTU (NYSE: BTU) holder investor
Rhea-AI Filing Summary
A shareholder of the issuer has filed a notice of proposed sale of 2,151 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $73,687.02. The filing notes that 121,600,000 shares of this class are outstanding and lists the New York Stock Exchange as the trading market, with an approximate sale date of 01/14/2026.
The securities to be sold were recently acquired as restricted stock from the issuer, with 1,183 shares acquired on 01/02/2026 and 968 shares acquired on 01/03/2026, both marked as not involving special payment terms. By signing the notice, the seller represents that they do not know of any undisclosed material adverse information about the issuer and, if relying on a Rule 10b5-1 plan, make that representation as of the plan adoption or instruction date.
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FAQ
What does the Form 144 filing for BTU disclose?
The Form 144 discloses that a shareholder intends to sell 2,151 shares of common stock with an aggregate market value of $73,687.02, using Morgan Stanley Smith Barney LLC as broker and listing the NYSE as the exchange.
How many BTU shares are planned to be sold under this Form 144?
The notice covers a proposed sale of 2,151 shares of the issuer’s common stock.
What is the reported market value of the BTU shares to be sold?
The filing reports an aggregate market value of $73,687.02 for the 2,151 common shares to be sold.
How many BTU common shares are outstanding according to this notice?
The document states that there are 121,600,000 common shares outstanding for the issuer.
When were the BTU shares being sold originally acquired and in what form?
The securities were acquired as restricted stock, with 1,183 shares acquired on 01/02/2026 and 968 shares acquired on 01/03/2026 from the issuer.
What representation does the seller make in this BTU Form 144 notice?
By signing, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, and, if using a Rule 10b5-1 plan, they make that representation as of the plan adoption or instruction date.
Which broker and exchange are involved in the planned BTU share sale?
The planned sale will be handled by Morgan Stanley Smith Barney LLC, and the common stock is listed for trading on the NYSE.