CON (NYSE) affiliate reports two 130,000-share dispositions on Form 144
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
CON filed a Form 144 reporting proposed resales of Common Stock by an affiliate.
The filing lists two proposed dispositions by The Rocco A Ortenzio Trust FBO Robert Ortenzio: 130,000 shares on 05/08/2026 for $3,250,000 and 130,000 shares on 06/01/2026 for $3,250,026. Shares outstanding were 127,961,780 as of 06/26/2026.
Positive
- None.
Negative
- None.
Key Figures
Proposed sale #1: 130,000 shares
Proceeds reported #1: $3,250,000
Proposed sale #2: 130,000 shares
+2 more
5 metrics
Proposed sale #1
130,000 shares
05/08/2026
Proceeds reported #1
$3,250,000
05/08/2026 sale row
Proposed sale #2
130,000 shares
06/01/2026
Proceeds reported #2
$3,250,026
06/01/2026 sale row
Shares outstanding
127,961,780 shares
as of 06/26/2026
Key Terms
Form 144, FBO, Company Grant
3 terms
Form 144 regulatory
"Filing lines reporting proposed resale of securities"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FBO legal
"The Rocco A Ortenzio Trust FBO Robert Ortenzio"
FBO (short for "for benefit of") indicates that funds or assets are held by one party — such as a bank, broker, or trustee — on behalf of another person or entity who is the true owner. It matters to investors because it clarifies who ultimately has the right to the assets, who bears the risk if something goes wrong, and how money moves or is reported; think of it like a safety deposit box held by a bank for a named customer.
Company Grant corporate
"Securities To Be Sold 08/01/2023 Company Grant"
FAQ
Who is the selling holder named on the CON Form 144?
The filing names The Rocco A Ortenzio Trust FBO Robert Ortenzio as the selling holder, with two proposed dispositions of 130,000 shares each on the listed dates.
Are the proceeds from the sales listed on the Form 144?
Yes. The filing shows proceeds associated with each proposed sale: $3,250,000 for the 05/08/2026 entry and $3,250,026 for the 06/01/2026 entry, next to the 130,000-share rows.
Does the Form 144 indicate who will receive sale proceeds?
The excerpt lists the selling holder and amounts but does not assign proceeds to the issuer in the provided lines; the filing shows the trust as the transacting party and the sale proceeds per row.