Eagle Bancorp Montana (EBMT) Form 144 — 2,500 Shares via Charles Schwab
Rhea-AI Filing Summary
Eagle Bancorp Montana, Inc. (EBMT) submitted a Form 144 notifying a proposed sale of 2,500 common shares through Charles Schwab, with an aggregate market value of $42,250 and approximately 7,952,177 shares outstanding. The filing lists an approximate sale date of 08/13/2025 on NASDAQ.
The notice details how the securities were acquired: 1,233 shares as a restricted stock award on 11/01/2021, 450 shares via an open-market purchase on 02/01/2021, and 817 shares as a restricted stock award on 11/02/2020. It reports Nothing to Report for securities sold in the past three months and includes the standard insider certification regarding material nonpublic information and trading-plan disclosure.
Positive
- None.
Negative
- None.
Insights
TL;DR: Proposed sale is modest in size relative to outstanding shares; transaction appears routine based on the filing's details.
The Form 144 discloses a proposed disposition of 2,500 common shares valued at $42,250 via Charles Schwab, scheduled approximately for 08/13/2025 on NASDAQ. The filing shows total outstanding shares of 7,952,177, which implies the proposed sale represents a very small fraction of the float. Acquisition history is explicit: 1,233 shares from a restricted stock award on 11/01/2021, 450 shares purchased on the open market on 02/01/2021, and 817 shares from a restricted award on 11/02/2020. No securities were reported sold in the prior three months. Overall, the notice reads as a routine insider liquidity disclosure rather than a material corporate event.
TL;DR: Filing follows standard Form 144 disclosure protocols; includes certification about lack of undisclosed material information and trading-plan mention.
The submission contains the required certifications where the selling person represents they do not possess undisclosed material adverse information and references trading-plan adoption or instructions if applicable. Broker of record is listed as Charles Schwab. The acquisition table documents equity compensation and an open-market purchase as the origins of the shares to be sold, and the filing explicitly states "Nothing to Report" for sales in the last three months. From a governance perspective, the document provides the standardized transparency investors expect from an insider sale notice.