Chad Roberts to sell Flowco (NYSE: FLOC) shares worth $124K
Rhea-AI Filing Summary
Flowco Holdings Inc. (FLOC) received a notice under Rule 144 that Chad Roberts plans to sell 5,569 shares of common stock through Wells Fargo Clearing Services on the NYSE. The shares represent part of an original July 1, 2019 private equity investment that later converted into Flowco Holdings stock via an UP-C exchange following the company’s IPO. The filing states an aggregate market value of $123,625.70 for the shares proposed to be sold, with 43,972,689 common shares outstanding as of August 24, 2026.
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Key Figures
Shares to be sold: 5,569 shares of common stock
Aggregate market value: $123,625.70
Shares outstanding: 43,972,689 shares
+2 more
5 metrics
Shares to be sold
5,569 shares of common stock
Proposed sale under Rule 144 by Chad Roberts
Aggregate market value
$123,625.70
Value of 5,569 shares proposed to be sold
Shares outstanding
43,972,689 shares
Common shares outstanding as of August 24, 2026
Original investment date
July 1, 2019
Date of original private equity investment that later converted to Flowco shares
Date of notice
August 24, 2026
Filing date of the Rule 144 notice by Chad Roberts
Key Terms
Rule 144, UP-C exchange, private equity, initial public offering
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
UP-C exchange financial
"Shares acquired in exchange of UP-C exchange of common units and shares"
private equity financial
"Original investment in private equity, which later became Flowco Holdings"
Private equity involves investing money directly into private companies or buying out public companies to make them private, with the goal of improving their performance and increasing their value over time. For investors, it offers an opportunity to earn returns by helping companies grow or restructure, often requiring a longer-term commitment and a higher level of involvement than typical stock investments.
initial public offering financial
"following IPO of Flowco Holdings."
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
FAQ
What does the Form 144 filing disclose for Flowco Holdings Inc. (FLOC)?
The filing discloses that Chad Roberts plans to sell 5,569 shares of Flowco Holdings Inc. common stock under Rule 144, with an aggregate market value of $123,625.70, to be sold through Wells Fargo Clearing Services on the NYSE.
AI-generated analysis. How Rhea-AI works. Not financial advice.
