Josef Parvizi Trust plans CBLL (CBLL) sale of 1,300 shares via Rule 144
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
CBLL filed a notice that the Josef Parvizi Trust plans to sell 1,300 shares of its common stock through Fidelity Brokerage Services on NASDAQ, with an aggregate market value of 26000.00. The issuer had 37,095,690 common shares outstanding.
The 1,300 shares were originally acquired on 08/29/2014 as pre‑IPO compensation from the issuer. Over the past three months, the Josef Parvizi Trust has already sold three blocks of 25,000 common shares each, generating gross proceeds of 506,467.06, 538,650.34, and 573,453.07.
Positive
- None.
Negative
- None.
FAQ
What does the CBLL Form 144 filing by the Josef Parvizi Trust disclose?
The filing shows the Josef Parvizi Trust plans to sell 1,300 CBLL common shares. These shares were acquired as pre-IPO compensation in 2014, and the notice confirms the seller states having no undisclosed material adverse information about the issuer’s current or prospective operations.
What representation does the seller make about CBLL’s nonpublic information in this filing?
The seller represents they do not know any material adverse information about CBLL’s current or prospective operations that has not been publicly disclosed. This representation is made as part of signing the notice required for the planned resale under Rule 144.