[144] Core Molding Technologies, Inc. SEC Filing
Core Molding Technologies (CMT) filed a Form 144 disclosing a proposed sale of 10,000 common shares through ATB Capital Markets on 08/25/2025 with an aggregate market value of $194,700. The shares represent approximately 0.11% of the issuer's outstanding common stock of 8,857,907 shares. All 10,000 shares were acquired on 05/12/2023 as director stock grants from Thomas R. Cellitti and are identified as compensation. The filer reports no securities sold in the past three months. By signing, the seller represents no undisclosed material adverse information regarding the issuer.
- Full disclosure and compliance with Rule 144 filing requirements and use of a broker
- Sale originates from director stock grants received as compensation on 05/12/2023, not from an undisclosed secondary transfer
- No securities sold in the past three months by the person for whose account the securities are to be sold, reducing immediate pattern concerns
- Small size relative to outstanding shares (10,000 vs 8,857,907 ≈ 0.11%), indicating limited market impact
- None.
Insights
TL;DR: Routine insider sale of previously granted director shares; immaterial size relative to total outstanding stock.
The Form 144 reports a director intends to sell 10,000 shares acquired as compensation in May 2023. The sale amount, $194,700, is small relative to the company’s total outstanding shares (about 0.11%), suggesting limited dilution or market impact. The use of a broker and formal filing indicates compliance with Rule 144 resale procedures. There are no reported prior sales in the past three months, reducing immediate pattern concerns. This disclosure provides transparency but does not, by itself, change the company’s financial picture.
TL;DR: Insider sale is disclosed properly and originates from director compensation; governance controls appear followed.
The filing shows the shares were received as director stock grants and the director is following Rule 144 resale requirements by filing Form 144 and using a broker. The representation regarding lack of undisclosed material information is standard. Because the shares are from a compensation grant, the sale likely reflects personal liquidity rather than an indicator of adverse corporate developments. No signs in this filing of irregular governance actions or material noncompliance are evident.