[144] Contango ORE, Inc. SEC Filing
Rhea-AI Filing Summary
Contango ORE, Inc. (CTGO) Form 144 reports a proposed sale of 2,822 shares of common stock, with an aggregate market value of $61,121.00, to be sold on 08/18/2025 through Stifel Nicolaus & Company, Inc. on the NYSE. The filing states these shares were acquired on 08/18/2025 as Restricted Stock Units issued by the company and that payment was made in cash. No sales by the reporting person in the prior three months are listed, and the filer affirms no undisclosed material adverse information is known.
Positive
- Transparent compliance: Form 144 filed to disclose proposed sale under Rule 144
- Clear provenance: Shares were acquired as Restricted Stock Units from the issuer
- Brokered on exchange: Sale to be executed through Stifel Nicolaus on the NYSE
Negative
- None.
Insights
TL;DR: Routine insider sale notice for vested RSUs; modest size relative to typical public floats, likely neutral.
The filing documents a proposed sale of 2,822 shares originating from restricted stock units issued by the company and executed through a broker on the NYSE. This is a standard compliance disclosure under Rule 144 to permit public resale. The aggregate value reported is $61,121.00, and there are no prior sales reported in the last three months. From a market-impact perspective, the size and nature of the sale appear routine and informational.
TL;DR: Filing meets disclosure obligations for an insider-sourced RSU sale; affirms absence of undisclosed material information.
The notice identifies the securities as restricted stock units granted by the issuer and confirms the seller's representation that no material adverse, non-public information is known. The disclosure follows the required attestation language and provides broker and execution date details. This supports transparency around insider-derived share sales but contains no governance changes or additional contextual details.