Planned 15,000-share sale for trust (NYSE: FIG) common stock
Rhea-AI Filing Summary
Form 144 discloses a planned sale of 15,000 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $485,400 and 415,909,379 shares outstanding. The shares are expected to be sold around 01/15/2026. These securities were originally acquired on 12/13/2018 through estate planning transfers from the settlor of a trust, Kris Rasmussen, for the account of that trust.
The filing also lists multiple recent sales of the issuer’s common stock over the past three months, including 10b5-1 plan sales for Kristopher Rasmussen and several irrevocable trusts, each with specified dates, share amounts, and gross proceeds. The signer represents that they do not know of any undisclosed material adverse information about the issuer’s current or prospective operations.
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FAQ
What does this Form 144 filing for FIG disclose?
The Form 144 reports a planned sale of 15,000 shares of common stock with an aggregate market value of $485,400, to be sold on the NYSE through Morgan Stanley Smith Barney LLC. It also lists prior sales of the issuer’s stock over the past three months for the same insider and related trusts.
What representation does the seller make in this FIG Form 144?
The person for whose account the securities are to be sold represents by signing that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed. If relying on a Rule 10b5-1 trading plan, this representation also applies as of the plan adoption or instruction date.