Idaho Strategic Resources insider files Rule 144 to sell 50k shares

Rhea-AI Filing Summary

Form 144 notice from an insider of Idaho Strategic Resources, Inc. (IDR) reports a proposed sale of 50,000 common shares through Morgan Stanley Smith Barney at an aggregate market value of $1,175,930, with an approximate sale date of 08/19/2025 on the NYSE. The filer acquired 42,231 shares on 08/30/2013 and 7,769 shares on 01/29/2014 in private transactions from the issuer, paid in cash. The filing also discloses two prior common-stock sales by John Swallow on 07/10/2025 totaling 100,000 shares for combined gross proceeds of $1,527,070. The notice includes the required signature representation that the seller is not aware of undisclosed material adverse information.

Positive

• Required disclosure provided: The filer supplied broker details, share counts, acquisition dates, and aggregate market values as required by Rule 144
• Acquisitions paid in cash: The shares to be sold were acquired in private transactions from the issuer with cash payment, as disclosed

Negative

• Insider sales activity: Two prior sales on 07/10/2025 totaled 100,000 shares for $1,527,070 in gross proceeds
• Proposed sale size: The planned sale of 50,000 shares has an aggregate market value of $1,175,930

Insights

Securities Analyst

TL;DR: Insider plans to sell 50,000 shares (~$1.18M) and previously sold 100,000 shares on 07/10/2025.

The filing documents a proposed Rule 144 sale of 50,000 common shares via Morgan Stanley Smith Barney with an aggregate market value of $1,175,930 and an approximate sale date of 08/19/2025. Acquisition dates and quantities are disclosed: 42,231 shares acquired 08/30/2013 and 7,769 shares acquired 01/29/2014, both from the issuer and paid in cash. The record also shows two sales by John Swallow on 07/10/2025 totaling 100,000 shares for gross proceeds of $1,527,070. The disclosure meets Rule 144 filing requirements and includes the seller's certification about material information.

Corporate Governance Expert

TL;DR: Form 144 provides required transparency on insider dispositions and confirms seller's certification about undisclosed material information.

The Form 144 lists the broker, sale amounts, and acquisition history for the securities to be sold under Rule 144. It documents prior sales on 07/10/2025 and a proposed sale dated 08/19/2025. The filing contains the standard signature representation regarding knowledge of material adverse information. No additional corporate governance events or undisclosed facts are presented in this notice.

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

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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	50000	1175930.00	14505392	08/19/2025	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	08/30/2013	Private Acquisition from Issuer/Affiliate	Issuer			42231	08/30/2013	Cash
Common	01/29/2014	Private Acquisition from Issuer/Affiliate	Issuer			7769	01/29/2014	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
JOHN SWALLOW 201 N. 3RD STREET COEUR D'ALENE ID 83814	Common	07/10/2025	64912	991251.68
JOHN SWALLOW 201 N. 3RD STREET COEUR D'ALENE ID 83814	Common	07/10/2025	35088	535818.32

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 the Form 144 filed for IDR report?

The Form 144 reports a proposed sale of 50,000 common shares through Morgan Stanley Smith Barney with an aggregate market value of $1,175,930 and an approximate sale date of 08/19/2025.

Who is the seller named in the filing?

The filing identifies sales by John Swallow; prior sales on 07/10/2025 totaled 100,000 shares for gross proceeds of $1,527,070.

When and how were the shares being sold acquired?

The securities to be sold were acquired in private transactions from the issuer: 42,231 shares on 08/30/2013 and 7,769 shares on 01/29/2014, paid in cash.

Which broker is handling the proposed sale?

The broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.

On which exchange is the sale expected to occur?

The filing lists the NYSE as the securities exchange for the proposed sale.