HEI Form 144: 60,000-Share Insider Sale Worth $19M Disclosed

Rhea-AI Filing Summary

HEICO Corp. (symbol HEI) has filed a Form 144 indicating the planned sale of insider-owned shares.

• Amount for sale: 60,000 shares of Class A common stock.
• Estimated market value: US$19.296 million (based on the market price at the time the form was prepared).
• % of shares outstanding: roughly 0.11% of the 55,048,774 shares reported outstanding.
• Broker: Raymond James & Associates, St. Petersburg, FL.
• Planned sale date: on or about 15 July 2025 via the NYSE.
• Original acquisition: the securities were purchased on 5 June 1989 for cash in open-market transactions; no indication that they were gifts or part of a compensation plan.
• Recent activity: the filer reports no other sales of the issuer’s securities during the past three months.

The filing is a routine notice required under Rule 144 and does not itself consummate a transaction; it simply affords the insider a 90-day window to execute the sale, subject to volume and manner-of-sale limitations.

Positive

• Sale represents only ~0.11% of shares outstanding, limiting potential market impact and dilution.
• Transparent disclosure under Rule 144 supports governance best practices and reduces information asymmetry.

Negative

• Proposed insider sale worth ~$19.3 million may be interpreted as a signal of reduced insider confidence.
• Single-block sale could add short-term supply to the market, applying mild price pressure.

Insights

Securities Analyst

TL;DR – 60k-share insider sale worth $19.3 m; impact modest given <0.2% float.

The filing reveals an intent—not a completed trade—by an insider (name undisclosed here) to sell 60,000 HEI Class A shares. That figure equates to roughly 0.11% of outstanding shares, so supply pressure should be minimal. Aggregate value of just under $20 million is meaningful in absolute terms but small relative to HEICO’s multibillion-dollar market cap. No pattern of recent selling is disclosed, mitigating concerns about sustained distribution. Without context on the seller’s role, motives, or concurrent corporate developments, the transaction reads as routine portfolio diversification rather than a thesis-changing event. Overall valuation or earnings outlook remain unaffected.

Corporate Governance Expert

TL;DR – Insider sale may raise mild sentiment risk but complies with Rule 144 safeguards.

From a governance standpoint, Form 144 filings promote transparency by alerting investors to potential insider activity. The signer attests to having no undisclosed adverse information, reducing asymmetry risk. Nonetheless, any insider disposition—especially a lump-sum sale—can be interpreted as reduced personal conviction, potentially pressuring sentiment. The absence of prior three-month sales and the long holding period (since 1989) suggest this could be estate or liquidity planning rather than opportunistic timing. I view the governance impact as modestly negative on perception but not materially harmful.

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

Relationship to Issuer

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	Raymond James & Associates, Inc 880 Carillon Pkwy. St. Petersburg FL 33716	60000	19296000.00	55048774	07/15/2025	NYSE

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	06/05/1989	Open Market Purchase	Open Market Purchase			60000	06/05/1989	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 is HEICO’s (HEI) Form 144 filing about?

It notifies the SEC of an insider’s intent to sell 60,000 Class A shares (~0.11% of shares outstanding) valued at about $19.3 million.

When will the HEICO insider sale take place?

The filing lists an approximate sale date of 15 July 2025; the insider has a 90-day window to complete the transaction.

How large is the insider’s planned sale relative to HEICO’s float?

With 55,048,774 shares outstanding, the sale equals roughly 0.11% of total shares, a limited percentage.

Has the insider sold HEICO shares in the last three months?

No. The Form 144 states "Nothing to Report" for prior three-month sales.

Who is brokering the sale of HEICO shares?

Raymond James & Associates, Inc., located in St. Petersburg, Florida.

When were the shares originally acquired?

The insider purchased the shares on 5 June 1989 via open-market transactions for cash.