ESE Form 144 shows $560K planned insider stock sale
Rhea-AI Filing Summary
ESCO Technologies (ESE) insider filed a Form 144 to sell up to 2,498 common shares through Charles Schwab & Co., Inc., with an aggregate market value of $560,451.00. The shares relate to equity compensation awards acquired on three dates in 2024, including 24 shares on 09/10/2024, 848 shares on 10/31/2024, and 1,626 shares on 11/08/2024, all from the issuer as equity compensation. The planned sale is targeted around 11/25/2025 on the NYSE. The filing notes that the person signing represents they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.
Common shares outstanding were 25,824,688 at the time referenced, which provides a baseline for comparing the size of the planned sale.
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FAQ
What does ESCO Technologies (ESE) disclose in this Form 144 filing?
The filing shows that an affiliated person intends to sell up to 2,498 common shares of ESCO Technologies stock, with an aggregate market value of $560,451.00, through a broker on the NYSE.
Does the Form 144 for ESCO Technologies (ESE) include any representation about undisclosed adverse information?
Yes. The person for whose account the securities are to be sold represents by signing that they do not know any material adverse information about ESCO Technologies’ current or prospective operations that has not been publicly disclosed.