Fifth District Bancorp (FDSB) Files Form 144 for 150 Shares

Rhea-AI Filing Summary

Fifth District Bancorp (FDSB) filed a Form 144 disclosing a proposed sale of 150 common shares via Fidelity Brokerage Services LLC, with an approximate aggregate market value of $2,080. The shares represent part of a total outstanding share count of 5,559,473, and the planned sale date is listed as 09/18/2025 on NASDAQ. The filer acquired these 150 shares on 08/01/2024 in a private placement from the issuer and paid in cash. The filing states there were no securities sold by the person in the past three months and includes the standard certification regarding non-public material information.

Insights

Securities Analyst

TL;DR: Proposed sale is immaterial relative to outstanding shares and unlikely to affect market price.

The filing discloses a small disposition of 150 common shares valued at $2,080 against 5.56 million shares outstanding, indicating the economic impact is negligible. Acquisition via a private placement from the issuer on 08/01/2024 and payment in cash are documented, and there were no other sales in the prior three months. For investors, this is a routine insider liquidation notice rather than a signal of operational or financial distress.

Compliance & Risk Specialist

TL;DR: Filing appears procedurally complete and contains required representations; no regulatory issues evident.

The Form 144 includes required broker details (Fidelity Brokerage Services LLC), acquisition history, payment method, and the seller's certification about material non-public information. The notice shows the filer adhered to disclosure norms for Rule 144 sales. There is nothing in the filing that indicates non-compliance or outstanding disclosure obligations related to this proposed sale.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 245 Summer Street Boston MA 02110	150	2080.00	5559473	09/18/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/01/2024	Private placement	Issuer			150	08/01/2024	Cash/ check

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the FDSB Form 144 disclose?

The filing discloses a proposed sale of 150 common shares via Fidelity Brokerage Services with an aggregate market value of $2,080, planned for 09/18/2025.

How many shares outstanding does Fifth District Bancorp (FDSB) report in the filing?

The filing reports 5,559,473 shares outstanding for the issuer.

When and how were the 150 shares acquired?

The shares were acquired on 08/01/2024 in a private placement from the issuer, and payment was made in cash.

Did the filer sell any issuer securities in the past three months?

No. The Form 144 indicates "Nothing to Report" for securities sold during the past three months.

Which broker is handling the proposed sale for FDSB?

Fidelity Brokerage Services LLC (245 Summer Street, Boston, MA) is listed as the broker for the proposed sale.