Canadian National Railway (NYSE: CNI) shareholder files to sell 6,540 shares
Rhea-AI Filing Summary
Canadian National Railway Company has a shareholder filing a notice to sell 6,540 common shares under Rule 144. The proposed sale will be executed through Citadel Securities on the NYSE, with an aggregate market value of $643,295.55. The filing states that 616,497,478 common shares were outstanding at the time of the notice, which is a baseline figure compared with the shares to be sold.
The shares to be sold were acquired through stock option grants from Canadian National Railway Company, dated 01/31/2019 for 2,106 shares and 01/20/2020 for 4,434 shares, with payment tied to option exercises dated 12/23/2025. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about the company’s current or prospective operations.
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FAQ
What does the Form 144 filing for CNI disclose about share sales?
The filing discloses that a shareholder plans to sell 6,540 common shares of Canadian National Railway Company under Rule 144 through Citadel Securities on the NYSE, with an aggregate market value of $643,295.55.
How many Canadian National Railway (CNI) shares are outstanding in this Form 144?
The notice states that there were 616,497,478 common shares outstanding at the time of the filing, providing context for the relative size of the planned 6,540-share sale.
How were the CNI shares being sold under Rule 144 originally acquired?
The shares were acquired via stock option grants from Canadian National Railway Company on 01/31/2019 for 2,106 shares and on 01/20/2020 for 4,434 shares, with payment tied to option exercises dated 12/23/2025.
When is the approximate sale date for the CNI shares in this Form 144?
The filing lists an approximate date of sale of 12/23/2025 for the 6,540 common shares to be sold on the NYSE.
What representation does the seller make in the Canadian National Railway Form 144?
By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.
Which broker is handling the planned Rule 144 sale of CNI shares?
The planned sale of 6,540 Canadian National Railway common shares is listed as being handled by Citadel Securities, located at 35th Floor, 131 Dearborn Street, Chicago, IL 60603.