Capital City Bank (CCBG) Files Rule 144 Notice for 8,000-Share Sale
Rhea-AI Filing Summary
Capital City Bank Group (CCBG) filed a Form 144 reporting a proposed sale of 8,000 common shares through Allen Mooney and Barnes Brokerage Services on NASDAQ, with an aggregate market value of $326,000 and approximately 17,070,000 shares outstanding. The sale is scheduled for 08/22/2025.
The securities were acquired on 01/30/2025 as employment compensation from Capital City Bank Group and were paid for on that date; the filer affirms no undisclosed material adverse information. No other sales in the past three months were reported.
Positive
- Timely regulatory disclosure filed for a planned insider sale, complying with Rule 144 requirements
- Securities were acquired as employment compensation, and acquisition/payment dates are clearly stated
- Broker and market details provided (Allen Mooney and Barnes Brokerage Services; NASDAQ), aiding transparency
Negative
- None.
Insights
TL;DR: Insider plans to sell 8,000 shares (0.047% of outstanding) from recent compensation; disclosure is routine and non-material.
The filing shows an officer/insider converting recent employment compensation into a marketable position and filing a Rule 144 notice to comply with resale restrictions. The amount, 8,000 shares valued at $326,000, represents roughly 0.047% of the reported outstanding share count, indicating the sale is unlikely to be material to the company’s market capitalization. From a financial viewpoint, this is a standard compliance disclosure rather than a signal of company-level financial stress.
TL;DR: Filing meets Rule 144 disclosure norms; shows acquisition via compensation and an explicit representation of no undisclosed material information.
The notice documents acquisition date, nature of acquisition (employment compensation), broker details, planned sale date, and aggregate value, aligning with regulatory requirements. The signer’s representation that no material nonpublic information exists is standard and important for regulatory protection. There are no reported prior sales in the past three months, simplifying aggregation rules under Rule 144.