GEF insider Hilsheimer plans Rule 144 sale of 4,500 shares
Rhea-AI Filing Summary
GEF insider Lawrence A. Hilsheimer filed a Form 144 notice indicating an intention to sell 4,500 shares of common stock through Morgan Stanley Smith Barney LLC on or about 11/17/2025. These shares were acquired on 02/28/2020 as performance stock units from the issuer in exchange for services rendered.
The notice states that there were 26,169,944 shares of the issuer’s common stock outstanding. Over the past three months, the same insider sold 33,851 Class A shares on 11/11/2025 for gross proceeds of $2,016,876.43. By signing the notice, the insider represents that he is not aware of any undisclosed material adverse information about the issuer’s operations.
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FAQ
What does this Form 144 filing disclose for GEF?
The filing discloses that Lawrence A. Hilsheimer, an insider of GEF, has filed a notice of intent under Rule 144 to sell 4,500 shares of the company’s common stock.
Does this Form 144 state whether the insider knows of any undisclosed bad news about GEF?
By signing the notice, the insider represents that he does not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.
What is the purpose of SEC Form 144 in relation to GEF stock?
Form 144 is a notice of proposed sale of restricted or control securities under Rule 144. It informs the market that an insider or affiliate of GEF intends to sell a specified number of shares.