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Embecta director files to sell 6,293 shares

Director Morris Milton Mayo has filed a Form 144 to potentially sell 6,293 Embecta Corp. common shares acquired as director compensation.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Embecta Corp. (EMBC) has a notice of proposed sale on Form 144 for common stock held for the account of director Morris Milton Mayo. The notice covers 6,293 shares of common stock to be sold through RBC Capital Markets LLC on NASDAQ, with an aggregate market value of $36,891.00 as stated in the filing.

Embecta reports 56,659,599 shares of common stock outstanding in connection with this notice; this is a baseline figure, not the amount being offered. The securities to be sold were acquired as directors compensation from the issuer on February 7, 2024.

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Shares proposed for sale 6,293 shares Common stock covered by the Form 144 notice for Morris Milton Mayo
Aggregate market value $36,891.00 Stated value of 6,293 Embecta common shares proposed for sale
Shares outstanding 56,659,599 shares Embecta common shares outstanding as reported in the securities information section
Acquisition date of shares February 7, 2024 Date the 6,293 shares were acquired as directors compensation from the issuer
Exchange NASDAQ Listed exchange for Embecta Corp. common stock in connection with the proposed sale
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
directors compensation financial
"COMMON | 02/07/2024 | DIRECTORS COMPENSATION | ISSUER"
aggregate market value financial
"COMMON | RBC CAPITAL MARKETS LLC ... | 6293 | 36891.00 |"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
power of attorney regulatory
"Signature | POA / JEFFREY EISCHENS"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.

FAQ

What does Embecta Corp. (EMBC) disclose in this Form 144 filing?

The filing states that director Morris Milton Mayo has filed a Form 144 notice for a proposed sale of 6,293 shares of Embecta Corp. common stock through RBC Capital Markets LLC on NASDAQ, with an aggregate market value of $36,891.00.

How many Embecta Corp. (EMBC) shares are covered by this Form 144 notice?

The notice covers 6,293 shares of Embecta Corp. common stock. These shares are proposed for sale for the account of director Morris Milton Mayo under Rule 144.

What is the stated aggregate market value of the EMBC shares in this Form 144?

The Form 144 lists an aggregate market value of $36,891.00 for the 6,293 shares of Embecta Corp. common stock proposed to be sold through RBC Capital Markets LLC on NASDAQ.

How were the Embecta Corp. (EMBC) shares in this Form 144 acquired?

The Form 144 indicates that the 6,293 shares of Embecta Corp. common stock were acquired from the issuer as directors compensation on February 7, 2024.

How many Embecta Corp. (EMBC) shares are reported outstanding in connection with this Form 144?

The filing reports 56,659,599 shares of Embecta Corp. common stock outstanding in the securities information section. This figure provides context and is not the amount proposed to be sold.

Which broker is named for the proposed EMBC share sale in this Form 144?

The proposed sale of 6,293 shares of Embecta Corp. common stock is listed as being through RBC Capital Markets LLC, located in Minneapolis, with trading on NASDAQ.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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