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[144] CorMedix Inc. SEC Filing

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

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.

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 Form 144 filed for CRMD report?

The form reports a proposed sale of 300,000 common shares via Merrill Lynch on 09/03/2025 with an aggregate market value of $4,350,000.

How many CorMedix (CRMD) shares are outstanding per the filing?

The filing lists 74,648,992 shares outstanding.

How was the 300,000 CRMD shares acquired according to the filing?

The shares were acquired on 09/03/2025 under a Stock Plan Activity from the issuer and paid for on the same date.

Did the filer sell any CRMD shares in the past three months?

The filing states Nothing to Report for securities sold during the past three months by the same person.

Which broker and exchange are involved in the proposed sale?

The broker is listed as Merrill Lynch, 1800 K St NW Suite 800 Washington DC 20006 and the sale is to occur on NASDAQ.
Cormedix

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Biotechnology
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