EFX Insider Notice: 3,764 Shares Planned Sale on 08/22/2025 via Fidelity
Rhea-AI Filing Summary
Form 144 notice for Equifax, Inc. (EFX) reporting a proposed sale of 3,764 common shares with an aggregate market value of $964,649.84 to be sold on 08/22/2025 through Fidelity Brokerage Services LLC on the NYSE. The filing lists acquisition details for these shares as an option granted on 02/09/2024 with an acquisition date recorded as 08/22/2025 and payment in cash. An additional 1 share was acquired via dividend reinvestment on 06/12/2025. The filing also discloses a sale by Todd M. Horvath of 8,797 common shares on 08/20/2025 yielding $2,199,425.94. The notice includes the required representation that the seller does not possess undisclosed material adverse information about the issuer.
Positive
- Disclosure compliance: Filing provides required Rule 144 details including broker, number of shares, market value, and planned sale date.
- Transaction transparency: Acquisition dates, nature of acquisition (option granted and dividend reinvestment), and payment method (cash) are documented.
- Seller attestation: Seller represents no undisclosed material adverse information, meeting the attestation requirement.
Negative
- Insider selling activity: Proposed sale of 3,764 shares valued at $964,649.84 and a prior sale of 8,797 shares for $2,199,425.94 indicate insider liquidity events that investors may view as material.
- Concentrated prior sale: Recent sale by Todd M. Horvath of 8,797 shares on 08/20/2025 generated substantial gross proceeds ($2,199,425.94).
Insights
TL;DR: Routine insider sale disclosure showing a modest block of shares for sale; prior recent sale also disclosed.
The filing transparently reports a proposed Rule 144 sale of 3,764 Equifax common shares valued at $964,649.84, to occur on 08/22/2025 via Fidelity on the NYSE. Acquisition details list these shares as tied to an option granted on 02/09/2024 with cash payment on 08/22/2025, and a separate 1-share dividend reinvestment on 06/12/2025. The filing also records a recent sale by Todd M. Horvath of 8,797 shares on 08/20/2025 for $2,199,425.94. This is a standard Rule 144 disclosure; it provides necessary transparency about insider sales and prior sales volumes and proceeds.
TL;DR: Disclosure meets Rule 144 mechanics; indicates insider liquidity but no assertion of undisclosed adverse information.
The notice includes the seller's attestation that no material nonpublic adverse information is held, and identifies the broker (Fidelity Brokerage Services LLC) and planned trading venue (NYSE). It documents the nature and dates of acquisition, including option-related acquisition and dividend reinvestment, and discloses a sizable recent sale by an individual (Todd M. Horvath). From a governance perspective, the filing satisfies routine public-disclosure requirements for insider sales under the Securities Act.