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First Northern (NASDAQ: FNRN) director plans 2,500-share sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

FIRST NORTHERN COMMUNITY BANCORP (FNRN) is the issuer for which director Mark C. Schulze filed a notice under Rule 144 to sell common stock. The filing lists a proposed sale of 2,500 shares of common stock through Raymond James with an approximate value of $43,900.00, and indicates an additional 30,715 common shares arising from a stock dividend. The shares are listed on NASDAQ. The notice also reports several recent open-market sales of FNRN common stock by Schulze over the prior three months, with varying share amounts and dollar totals.

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Planned Rule 144 sale shares 2,500 shares Common stock to be sold through Raymond James under Rule 144
Planned Rule 144 sale value $43,900.00 Approximate aggregate value of 2,500 common shares
Stock dividend shares 30,715 shares Common shares associated with stock dividend dated 03/25/2026
Sale on 08/04/2026 3,000 shares; $55,053.71 Common shares sold by Mark C. Schulze during past 3 months
Sale on 08/05/2026 232 shares; $4,227.96 Common shares sold by Mark C. Schulze during past 3 months
Sale on 08/10/2026 3,000 shares; $50,751.15 Common shares sold by Mark C. Schulze during past 3 months
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.
stock dividend financial
"Common | 03/25/2026 | Stock Dividend | First Northern Community Bancorp"
A stock dividend is when a company gives its existing shareholders extra shares instead of cash. It’s like receiving more pieces of the same pie rather than a bigger piece of money, which can increase the number of shares you own but usually doesn’t change the total value of your investment right away. Investors care about it because it can signal the company's growth and affect the stock’s price.
NASDAQ market
"Common | Raymond James ... | 2500 | 43900.00 | ... | NASDAQ"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.

FAQ

What does the Rule 144 filing for FNRN by Mark C. Schulze disclose?

The filing discloses that director Mark C. Schulze plans to sell 2,500 shares of FIRST NORTHERN COMMUNITY BANCORP common stock, valued at approximately $43,900.00, under Rule 144, and reports prior sales and stock-dividend shares.

How many FNRN shares is Mark C. Schulze planning to sell under this Rule 144 notice?

The notice lists a proposed sale of 2,500 shares of FIRST NORTHERN COMMUNITY BANCORP common stock. These shares are to be sold through Raymond James, with an aggregate value indicated as about $43,900.00.

What stock dividend information is included in this FNRN Rule 144 filing?

The filing shows that 30,715 FNRN common shares are associated with a stock dividend dated 03/25/2026. This figure reflects shares to be sold that originated from the stock dividend distribution.

What recent FNRN share sales by Mark C. Schulze are reported in the past 3 months?

Reported sales include 3,000 shares for $55,053.71 on 08/04/2026, 232 shares for $4,227.96 on 08/05/2026, and several additional transactions on 08/06/2026, 08/10/2026, and 08/11/2026 with their respective share counts and dollar amounts.

On which market is FIRST NORTHERN COMMUNITY BANCORP (FNRN) listed according to the filing?

The filing identifies FIRST NORTHERN COMMUNITY BANCORP common stock as traded on NASDAQ. This relates to the common shares referenced in the proposed Rule 144 sale and recent transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature