FIRST INTERSTATE (FIBK) 144/A: 20,000-share sale via Goldman Sachs
Rhea-AI Filing Summary
Notice of proposed sale of 20,000 common shares by a related person through Goldman Sachs. The filer intends to sell
Positive
- Full Rule 144 fields provided: acquisition date, donor date, broker, and shares outstanding are disclosed
- No sales in prior three months: filer reports "Nothing to Report" for recent dispositions
Negative
- Material information reliance: seller's representation they know no undisclosed material adverse information is a self-certification rather than independent verification
- Limited context on beneficial owner: filer identity and relationship specifics are not detailed in the notice
Insights
Sale appears procedural and Rule 144-compliant on its face.
The notice documents a proposed sale of
Risks center on accurate disclosure of any material nonpublic information and aggregation rules for related sellers; the signer certifies absence of undisclosed material adverse information. Monitor for any subsequent amendments, actual trade execution records, or additional filings within the pre- and post-sale window.
Transaction size is immaterial to total float but taxable and market-impact considerations remain.
At 20,000 shares versus 104,509,863 shares outstanding, the proposed sale represents a small fraction of outstanding stock (traceable from provided counts). Execution through a major broker may minimize market impact for that volume. The aggregate market value is listed as
Investors may note timing (