Insider plans 1,913-share Rule 144 sale in CBFV (NASDAQ: CBFV)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
An affiliate of CBFV has filed a Rule 144 notice to sell 1,913 shares of common stock through broker Stifel Nicolaus on the Nasdaq, with an aggregate market value of $71,451. The issuer reports 5,010,883 shares outstanding, giving context to the size of the planned sale.
The shares to be sold were acquired via stock option exercises in December 2016 and December 2017, with cash as the form of payment. The seller certifies that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.
Positive
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Negative
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FAQ
What does the Rule 144 filing for CBFV disclose?
The filing discloses a planned sale of 1,913 CBFV common shares under Rule 144, with an aggregate market value of $71,451. It also notes the issuer has 5,010,883 shares outstanding and that the sale will occur on the Nasdaq.
What does the insider certify in the CBFV Rule 144 notice?
The person for whose account the CBFV securities will be sold certifies that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, as required by the Rule 144 notice representation language.