CORT (NASDAQ: CORT) Rule 144 notice: 160,000 shares via Stifel
Rhea-AI Filing Summary
CORT files a Rule 144 notice to sell 160,000 shares of Common Stock through Stifel Nicolaus & Company Inc. The filing references 160,000 shares, an amount of $11,200,016.00, and a Nasdaq listing with a date entry of 06/01/2026. The excerpt also lists prior stock option exercises of 95,833 (02/02/2022) and 64,167 (02/13/2023).
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Insights
TL;DR: A Rule 144 notice was filed listing 160,000 common shares and related option-exercise history.
The filing lists a proposed resale of 160,000 shares via Stifel Nicolaus & Company Inc, with an amount shown as $11,200,016.00 and a Nasdaq listing referenced. Rule 144 notices are administrative disclosures of intended resale by restricted/affiliated holders.
Timing and cash-flow treatment are not further detailed in the excerpt; subsequent transaction mechanics will depend on the seller's compliance with the conditions of Rule 144 and any broker arrangements.
TL;DR: The notice shows past equity compensation exercises totaling 160,000 shares combined across two dated exercises.
The excerpt records stock option exercises of 95,833 on 02/02/2022 and 64,167 on 02/13/2023, which together equal the 160,000 share figure listed elsewhere in the row. These entries appear tied to equity-compensation events rather than an issuer-initiated primary offering.
Documentation of vesting, holding periods, or transfer restrictions is not included in the excerpt; review of full disclosure or transfer agent records would clarify resale eligibility under Rule 144.
Key Figures
Key Terms
Form 144 regulatory
Rule 144 notice regulatory
Stock Option Exercises financial
Equity Compensation financial
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