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Bowman (BWMN) Files Rule 144 Notice for 12,500-Share Sale via Merrill Lynch

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Bowman Consulting Group Ltd. (BWMN) filed a Form 144 reporting a proposed sale of 12,500 shares of common stock through Merrill Lynch, Pierce, Fenner & Smith Incorporated on the Nasdaq, with an aggregate market value of $529,852.50. The filing lists the approximate date of sale as 09/24/2025 and shows 17,250,737 shares outstanding.

The securities to be sold were acquired on 05/13/2024 as stock compensation from Bowman Consulting Group Ltd., with 69,652 shares reported as acquired on that date and payment noted as cash. The filer reports no securities sold in the past three months and includes the required representation about material nonpublic information and trading-plan language.

Positive

  • Shares were acquired as stock compensation on 05/13/2024, explicitly disclosed in the filing
  • No securities sold in the past three months, as stated in the filing
  • Proposed sale will be executed through a major broker (Merrill Lynch, Pierce, Fenner & Smith Incorporated)

Negative

  • Proposed sale of 12,500 shares is disclosed, with an aggregate market value of $529,852.50
  • Approximate sale date is 09/24/2025, indicating future dilution of insider-held shares to be realized on that date

Insights

TL;DR: Routine Rule 144 notice for a planned insider sale of shares acquired as compensation; no recent sales reported.

The filing documents a planned sale under Rule 144 of 12,500 common shares via a major broker with an indicated sale date of 09/24/2025. The shares were acquired as stock compensation on 05/13/2024. The disclosure that no securities were sold in the past three months suggests this is an initial report of a planned disposition rather than an ongoing selling pattern. From a market-impact perspective, the filing itself is procedural and informational.

TL;DR: Compliance-focused filing showing an insider complying with Rule 144 reporting requirements for a planned sale.

The notice includes the standard attestation that the person does not possess undisclosed material adverse information and references trading-plan language, indicating attention to regulatory compliance. The shares were acquired as stock compensation, which is relevant to governance disclosure. No prior three-month sales are reported, and the transaction will be executed through an established broker, Merrill Lynch.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 for BWMN report?

The filing reports a proposed sale of 12,500 common shares with an aggregate market value of $529,852.50 via Merrill Lynch on 09/24/2025.

How were the shares being sold by the filer acquired?

The shares were acquired on 05/13/2024 as stock compensation from Bowman Consulting Group Ltd.; 69,652 shares were acquired on that date.

Has the filer sold any BWMN securities in the past three months?

No. The filing states Nothing to Report for securities sold during the past three months.

Through which broker will the sale be executed?

The filing lists Merrill Lynch, Pierce, Fenner & Smith Incorporated as the broker, located at One Bryant Park, New York, NY.

What representation does the filer make about material nonpublic information?

By signing the notice, the filer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.
Bowman Consulting Group Ltd.

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