Fidelity (COST) files Form 144 to sell 885 shares tied to restricted stock vesting
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Fidelity Brokerage Services LLC filed a Form 144 notifying a proposed sale of 885 shares of Common Stock listed on NASDAQ. The filing lists restricted stock vesting of 427 shares on 10/22/2024 and 458 shares on 10/22/2025.
Positive
- None.
Negative
- None.
Insights
Notice of proposed resale tied to restricted stock vesting.
The filing is a Form 144 notice by Fidelity Brokerage Services LLC for a proposed sale of 885 shares of Common Stock on NASDAQ. It identifies two restricted stock vesting tranches: 427 shares vesting 10/22/2024 and 458 shares vesting 10/22/2025.
These entries document a planned disposition method; cash‑flow treatment and sale mechanics are not stated in the excerpt. Subsequent trade reports or a Form 4 would show actual transactions and final proceeds.
Key Figures
Registered/offered amount: 885 shares
Vesting tranche: 427 shares
Vesting tranche: 458 shares
3 metrics
Registered/offered amount
885 shares
Form 144 proposed resale
Vesting tranche
427 shares
vesting on 10/22/2024
Vesting tranche
458 shares
vesting on 10/22/2025
Key Terms
Form 144, Restricted Stock Vesting, Filer
3 terms
Form 144 regulatory
"144: Securities To Be Sold"
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.
Restricted Stock Vesting financial
"Restricted Stock Vesting | Issuer | 427 | 10/22/2024"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Filer regulatory
"Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI"
FAQ
What does COST Form 144 filed by Fidelity mean?
It notifies a proposed resale of Common Stock: 885 shares are listed for sale. The filing documents the plan to sell shares that arise from restricted stock vesting rather than an open‑market purchase or issuer issuance.
Which restricted stock tranches are referenced in the filing for COST?
The filing lists two vesting tranches: 427 shares vesting on 10/22/2024 and 458 shares vesting on 10/22/2025. Together these tranches total 885 shares, the amount shown for proposed sale.
Does the Form 144 report the sale proceeds or transaction date for COST?
No. The excerpt lists the proposed sale amount and vesting dates but does not state sale proceeds, execution dates, or sale method. Actual sale details would appear in subsequent trade filings or broker records if executed.
Who is the filing party and where is the stock listed?
The filing party is Fidelity Brokerage Services LLC, and the securities are Common Stock listed on NASDAQ. The form identifies the brokerage and the Common Stock class involved in the proposed resale.