[144] CorMedix Inc. SEC Filing
Rhea-AI Filing Summary
CorMedix Inc. (CRMD) has filed a Form 144 reporting a proposed sale of 300,000 common shares through Merrill Lynch on 09/03/2025 on the NASDAQ, with an aggregate market value of $4,350,000.00. The filing shows the shares were acquired and are to be paid for on 09/03/2025 under a Stock Plan Activity from the issuer. The company reports 74,648,992 shares outstanding, so the proposed sale represents approximately 0.40% of outstanding common stock. The filer indicates there were no shares sold by the same person in the past three months and includes the standard certification that no material nonpublic information is known by the seller.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider/planned sale under a stock plan: 300,000 shares (~0.40%) to be sold via Merrill Lynch for $4.35M.
The Form 144 documents a single proposed disposition of 300,000 common shares acquired under a stock plan and to be sold on 09/03/2025 through Merrill Lynch on NASDAQ. The filing supplies concrete figures for shares outstanding and aggregate market value, and notes no related sales in the prior three months. For analysts, this is a transparent, single-event disclosure rather than a multi-month selling program; its size (≈0.40% of outstanding) is modest relative to the total float, suggesting limited immediate market impact from supply alone.
TL;DR: Compliance-focused filing that documents a stock-plan transfer and planned sale, including the standard no-material-nonpublic-information attestation.
The notice indicates the securities were issued under a stock plan and are being sold the same day as acquisition, with the filer affirming the absence of undisclosed material information. The inclusion of broker, timing, and acquisition/payment dates follows Rule 144 disclosure requirements and signals procedural compliance. There is no information in the filing about the identity of the seller beyond the rule definition, nor about any trading plan adoption date.