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Bowman (BWMN) Insider Notice: 10,000 Shares to Be Sold on NASDAQ

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

Rhea-AI Filing Summary

Bowman Consulting Group Ltd. (BWMN) filed a Form 144 notifying the proposed sale of 10,000 common shares held at Fidelity Brokerage Services with an aggregate market value of $433,040.76. The filing states these shares were acquired on 05/11/2024 through restricted stock vesting as compensation and that the proposed sale date is 09/23/2025 on the NASDAQ. The filing reports 17,250,737 shares outstanding for the company and indicates there were no securities sold by the reporting person in the past three months. The filer certifies under penalty of law that no undisclosed material adverse information is known.

Positive

  • Full compliance with Rule 144 disclosure requirements including acquisition details, broker, planned sale date, and aggregate market value
  • Transparency shown by attestation of no known undisclosed material adverse information and reporting no prior sales in the past three months

Negative

  • Insider sale of 10,000 shares could be perceived negatively by some investors despite its small size relative to outstanding shares

Insights

TL;DR Routine insider sale notice: 10,000 vested shares (~0.058% of outstanding) proposed for sale, disclosed under Rule 144.

The filing documents a standard Rule 144 notice for shares received through restricted stock vesting on 05/11/2024 and designated for sale on 09/23/2025 via Fidelity Brokerage Services. The aggregate market value is stated as $433,040.76 and the company’s outstanding share count is 17,250,737, making the block a small fraction of outstanding equity. No sales in the prior three months are reported, which suggests this filing is the first recent disposition by the reporting person. From a market-impact perspective, the amount is immaterial relative to total shares outstanding.

TL;DR Disclosure aligns with compliance expectations; filing affirms no known undisclosed material adverse information.

The notice follows required disclosure protocols for director/officer or other affiliate sales under Rule 144 by identifying acquisition date, nature of acquisition as compensation, and the planned broker and exchange. The signer’s attestation that they are unaware of undisclosed material adverse information is standard and required by the form. This filing enhances transparency but does not by itself signal governance change or material corporate event.

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 Bowman Consulting Group Ltd. (BWMN) disclose?

The filing discloses a proposed sale of 10,000 common shares acquired via restricted stock vesting on 05/11/2024, with a planned sale date of 09/23/2025 and aggregate market value of $433,040.76.

How many Bowman (BWMN) shares are outstanding according to the filing?

The filing reports 17,250,737 shares outstanding.

Who is the broker named for the proposed sale in the BWMN Form 144?

Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield RI 02917, is listed as the broker.

When were the shares to be sold originally acquired according to the filing?

The shares were acquired on 05/11/2024 through restricted stock vesting and paid as compensation on that date.

Does the filing report any securities sold by the reporting person in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.
Bowman Consulting Group Ltd.

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Engineering & Construction
Services-management Consulting Services
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United States
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