DexCom (DXCM) files Rule 144 notice for 4,824-share sale on NASDAQ
Rhea-AI Filing Summary
Form 144 filed for DexCom, Inc. (DXCM) proposing the sale of 4,824 common shares through Morgan Stanley Smith Barney on 09/02/2025 on NASDAQ at an aggregate market value of $357,796.08. The filing lists acquisition details for the shares: 3,464 shares received as restricted stock on 03/08/2023, 696 shares acquired via an employee stock purchase plan on 08/30/2019 (cash), and 664 shares from an employee stock purchase plan on 02/28/2020 (cash). The filer states there have been no securities sold in the past three months for the account and affirms no undisclosed material adverse information. The notice identifies the broker and gives the number of shares outstanding as 392,155,265.
Positive
- Clear compliance disclosure under Rule 144 with acquisition dates and payment methods provided
- Broker-dealer execution specified (Morgan Stanley Smith Barney), supporting orderly market handling of the sale
- Filer affirms no undisclosed material adverse information as required by the form
Negative
- None.
Insights
TL;DR: Routine Rule 144 notice disclosing a proposed executive sale via a registered broker, with acquisition dates and payment methods provided.
The filing is a standard Rule 144 disclosure showing a planned disposition of 4,824 common shares through Morgan Stanley Smith Barney with explicit acquisition provenance: restricted stock and ESPP purchases with cash where applicable. The inclusion of acquisition dates and payment types supports compliance with resale conditions under Rule 144. The filer also affirms no undisclosed material adverse information, which is customary for such notices.
TL;DR: Small, disclosed sale that is unlikely to be material to shareholders but is properly documented.
The aggregate value reported is $357,796.08 for 4,824 shares, and the filing cites the issuer's outstanding shares figure of 392,155,265. The data provided is sufficient to understand the proposed sale size and its execution channel. The filing contains no mention of accelerated sales or plan-based trading instructions; it simply notifies the market of an intended sale under Rule 144.