GIC (NYSE: GIC) insider plans 1,848-share stock sale worth $71,332.80
Rhea-AI Filing Summary
Company GIC filed a notice of proposed sale of common stock under Form 144. The filing indicates a planned sale of 1,848 common shares through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate market value of $71,332.80, to be sold on or after August 6, 2026 on the NYSE. The shares relate to 506 performance shares granted on January 1, 2022 and 1,342 restricted stock shares granted on February 21, 2025.
Positive
- None.
Negative
- None.
Key Figures
Shares proposed for sale: 1,848 shares
Aggregate market value: $71,332.80
Proposed sale date: 08/06/2026
+2 more
5 metrics
Shares proposed for sale
1,848 shares
Common stock to be sold through Morgan Stanley Smith Barney LLC
Aggregate market value
$71,332.80
Value of 1,848 common shares proposed for sale
Proposed sale date
08/06/2026
Date on or after which the NYSE sale may occur
Performance shares linked
506 shares
Performance shares granted on 01/01/2022
Restricted stock linked
1,342 shares
Restricted stock granted on 02/21/2025
Key Terms
Form 144, Performance Shares, Restricted Stock, Executive Financial Services
4 terms
Form 144 regulatory
"filed a notice of proposed sale of common stock under Form 144"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock financial
"and 1,342 restricted stock shares granted on February 21, 2025"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Executive Financial Services financial
"through Morgan Stanley Smith Barney LLC Executive Financial Services"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does GIC’s recent Form 144 filing disclose?
GIC’s Form 144 filing discloses a proposed sale of 1,848 common shares with an aggregate market value of $71,332.80, to be sold through Morgan Stanley Smith Barney LLC on or after August 6, 2026.