Affiliate plans sale of 15,000 HBT shares via Merrill Lynch (NASDAQ: HBT)

Rhea-AI Filing Summary

HBT submitted a Form 144 notice to sell 15,000 shares of Common Stock, $0.01 par value. The proposed sale is tied to brokerage arrangements at Merrill Lynch, Pierce, Fenner & Smith (225 Liberty Street, 29th Floor, New York, NY). The filing lists multiple prior acquisitions from the public market on 09/09/2020, 09/08/2020, 09/04/2020 and 05/15/2020 with share amounts of 3,547, 4,453, 4,000 and 3,000, respectively.

Insights

Securities Compliance Attorney

Form 144 notifies the market of an affiliate sale under Section 144.

The filing names Merrill Lynch as the broker and quantifies 15,000 shares proposed for sale, consistent with Section 144 disclosure requirements for affiliate transactions. This notice enables broker/dealer records and SEC tracking.

Timing and execution mechanics are not shown in the excerpt; subsequent transaction reports will show actual dispositions and amounts sold.

Equity Markets Analyst

Planned sale size is modest relative to typical company floats; market impact likely limited.

The filing lists four acquisition dates and per-date share amounts totaling 15,000 when combined. The broker and NASD routing code are provided, indicating conventional block or agency execution routes.

Practical impact depends on execution method and whether sales occur as single blocks or staggered trades; monitoring subsequent trade reports is appropriate.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common stock, $0.01 par value	Merrill Lynch, Pierce, Fenner & Smith 225 Liberty Street 29th Floor New York NY 10281	15000	392550	31431924	03/16/2026	NASD

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common stock, $0.01 par value	09/09/2020	Acquired from public market	N/A			3547	09/09/2020	Cash
Common stock, $0.01 par value	09/08/2020	Acquired from public market	N/A			4453	09/08/2020	Cash
Common stock, $0.01 par value	09/04/2020	Acquired from public market	N/A			4000	09/04/2020	Cash
Common stock, $0.01 par value	05/15/2020	Acquired from public market	N/A			3000	05/15/2020	Cash

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does HBT's Form 144 filing mean?

It notifies the SEC and market of an affiliate's intent to sell 15,000 shares of Common Stock. The notice names Merrill Lynch as broker and lists prior acquisitions on specific dates totaling the disclosed shares.

Who is the broker handling the proposed HBT sale?

The filing identifies Merrill Lynch, Pierce, Fenner & Smith at 225 Liberty Street, 29th Floor, New York, NY. The broker is listed for routing and execution of the proposed 15,000-share sale under the Form 144 notice.

How many HBT shares were acquired previously by the seller?

The filing lists acquisitions from the public market on 09/09/2020 (3,547), 09/08/2020 (4,453), 09/04/2020 (4,000), and 05/15/2020 (3,000). These entries correspond to the shares the seller proposes to offer.

Does Form 144 confirm the sale has occurred for HBT?

No. Form 144 reports a proposed sale of 15,000 shares; it does not confirm execution. Actual dispositions would appear in trade reports or subsequent insider filings showing completed transactions.