CACC (NASDAQ) Form 144 shows 5,000-share resale; insider sold 7,000 shares
Rhea-AI Filing Summary
Company: CACC. This Form 144 notifies planned and recent affiliate sales of common stock. The notice lists 5,000 shares associated with Fidelity Brokerage Services LLC dated 05/29/2026 with an aggregate figure of $2,875,000. The filing also records recent dispositions by Jonathan Lum: 3,000 shares on 04/20/2026 for $1,605,000 and 4,000 shares on 05/06/2026 for $2,200,000. The excerpt shows an entry labelled "Options Granted - 12/30/2020" tied to a 5,000-share line with cash consideration dated 05/29/2026.
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Insights
Form 144 records planned resale activity and recent affiliate dispositions.
The filing lists a 5,000-share planned sale by Fidelity Brokerage Services LLC dated 05/29/2026 and two recent sales by Jonathan Lum totaling 7,000 shares across April–May 2026. These entries are resale/affiliate notices, not issuance or company-led offerings.
Timing and cash‑flow counterparties are those shown on the notice; the filing does not state use of proceeds or whether transactions were part of pre-arranged plans. Subsequent filings or trade reports would show execution details.
Documentation aligns with Rule 144-style resale notice format.
The excerpt includes fields: broker name (Fidelity Brokerage Services LLC), number of shares (5,000), aggregate dollar figure ($2,875,000), and dates. It also records prior sales by an affiliate (Jonathan Lum) on 04/20/2026 and 05/06/2026.
Compliance focus: ensure public reporting matches these notices and that any transfer restrictions or holding-period conditions tied to "Options Granted - 12/30/2020" are documented in company records.