FL Form 144 Notice: Insider Plans Sale of 14,922 Shares Valued at $366,133
Rhea-AI Filing Summary
Form 144 filed for Foot Locker, Inc. (FL): The filing notifies a proposed sale of 14,922 common shares, with an aggregate market value of $366,133.08, planned on 08/29/2025 on the NYSE. The shares were acquired by exercise of an option originally granted on 03/25/2020 and are shown as acquired on 08/29/2025; payment is indicated as cash. No other sales in the past three months are reported. The filer represents they are not aware of undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale notice for ~15k shares valued at ~$0.37M; appears procedural rather than material.
The Form 144 documents a proposed public sale tied to option exercise on the same date, indicating the holder plans to monetize shares recently acquired by exercising a previously granted option. The size of the sale (~14.9k shares, $366k) is small relative to large-cap norms and is not flagged as part of prior sales in the last three months. The filing includes the standard representation regarding absence of undisclosed material adverse information.
TL;DR: Compliance filing consistent with Rule 144 requirements following option exercise; no governance red flags disclosed.
This notice provides the required broker, quantity, acquisition method, and payment details. The transaction stems from an option granted in 2020 and exercised on 08/29/2025 with cash payment; the broker is identified as Fidelity Brokerage Services LLC. The document contains no indication of accelerated sales, aggregations of related sellers, or undisclosed material developments affecting Foot Locker.