Rule 144 sale of 1,900 HFWA shares planned (NASDAQ: HFWA)
Rhea-AI Filing Summary
A stockholder of HFWA filed a Form 144 notice covering the proposed sale of 1,900 shares of common stock through Morgan Stanley Smith Barney LLC on the NASDAQ market, with an aggregate market value of 50307.25. The table lists total shares outstanding as 33956738 at the time of the notice.
The shares to be sold were acquired as restricted stock awards from the issuer on three dates: 763 shares on 03/15/2024, 454 shares on 06/15/2023, and 683 shares on 03/15/2023, each noted as fully paid on the grant date with no additional payment terms. The signer represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.
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FAQ
What does HFWA's latest Form 144 filing disclose?
The Form 144 filing for HFWA discloses a stockholder’s intent to sell 1,900 shares of HFWA common stock on the NASDAQ market through Morgan Stanley Smith Barney LLC, with an aggregate market value of 50307.25.
How many HFWA shares are proposed to be sold and on what exchange?
The notice covers the proposed sale of 1,900 shares of HFWA common stock, to be sold on the NASDAQ exchange through Morgan Stanley Smith Barney LLC.
How were the HFWA shares in the Form 144 acquired?
The 1,900 HFWA shares were acquired as restricted stock directly from the issuer on three dates: 763 shares on 03/15/2024, 454 shares on 06/15/2023, and 683 shares on 03/15/2023, each listed with payment on the same date and “Not Applicable” as the nature of payment.
What is the aggregate market value and shares outstanding noted in HFWA's Form 144?
The filing shows an aggregate market value of 50307.25 for the 1,900 shares to be sold and lists 33956738 shares of HFWA common stock as outstanding.
Does the HFWA Form 144 mention any undisclosed adverse information?
The signer represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.
What does a Form 144 sale notice generally mean for HFWA shareholders?
Form 144 is a notice of a proposed sale of restricted or control securities under Rule 144. This filing indicates a holder’s intent to sell HFWA shares under that rule; actual sales depend on execution and market conditions.