Planned Rule 144 sale of 2,258 DRI shares (NYSE: DRI) disclosed in filing
Rhea-AI Filing Summary
A holder of common stock in this issuer has filed a notice of proposed sale under Rule 144, covering 2,258 shares of common stock. The shares have an aggregate market value of 480,954.00 based on the figures provided. The proposed sale is to be executed through Morgan Stanley Smith Barney LLC on the NYSE, with an approximate sale date of 01/16/2026. These shares were acquired on 07/28/2025 through restricted stock vesting under a registered plan in exchange for services rendered.
Positive
- None.
Negative
- None.
FAQ
How many DRI shares are planned for sale under this Rule 144 notice?
The notice covers a planned sale of 2,258 shares of common stock.
What is the aggregate market value of the DRI shares to be sold?
The aggregate market value of the shares to be sold is reported as 480,954.00.
Through which broker will the DRI Rule 144 sale be executed?
The planned sale is to be executed through Morgan Stanley Smith Barney LLC, Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.
On which exchange will the DRI shares be sold under this filing?
The common shares covered by this notice are planned to be sold on the NYSE.
When were the DRI shares being sold under Rule 144 originally acquired?
The shares were acquired on 07/28/2025 through restricted stock vesting under a registered plan from the issuer.
What was the consideration for the DRI restricted stock that is now being sold?
The shares were acquired in exchange for services rendered, as indicated in the nature of payment section.
What is the total number of DRI shares outstanding mentioned in the Rule 144 notice?
The filing notes that the number of common shares outstanding is 115,139,249.