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CNR (NYSE: CNR) Rule 144 notice lists 15,000 shares for resale via Morgan Stanley

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

CNR Rule 144 notice: 15,000 shares of Common Stock are listed for sale through Morgan Stanley Smith Barney LLC relating to restricted stock vesting under a registered plan on 02/25/2024. The sale is linked to shares issued for services rendered.

Positive

  • None.

Negative

  • None.

Insights

Routine Rule 144 notice for a vesting-related resale of 15,000 shares.

The filing lists a proposed resale of 15,000 common shares via Morgan Stanley Smith Barney LLC tied to restricted stock vesting under a registered plan dated 02/25/2024. This is an administrative disclosure required under resale rules.

Effect depends on whether resale conditions under Rule 144 are met; timing and proceeds treatment are not stated in the excerpt. Subsequent transfer or sale activity will appear in transfer records or separate trading filings if executed.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the CNR Form 144 filing report?

The filing reports a proposed resale of 15,000 common shares through Morgan Stanley Smith Barney LLC. It ties the shares to restricted stock vesting under a registered plan dated 02/25/2024.

Who is listed as the broker or selling agent in the CNR Form 144?

The filing lists Morgan Stanley Smith Barney LLC at 1 New York Plaza, 8th Floor, New York, NY 10004 as the broker associated with the proposed sale of 15,000 shares.

Why were the 15,000 CNR shares eligible for resale under Rule 144?

The shares are identified as resulting from restricted stock vesting under a registered plan, which is the disclosed basis for seeking resale under Rule 144 on 02/25/2024.

Does the Form 144 state when the shares were or will be sold?

The filing lists the vesting date 02/25/2024 but does not specify an execution date or sale proceeds. It notifies intent to sell under Rule 144 rather than confirming a completed trade.

Is there any information about proceeds or the beneficiary of proceeds in the CNR filing?

The excerpt links the shares to issuance for services rendered but does not state proceeds, beneficiaries, or cash‑flow treatment for the proposed resale.
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