Idaho Strategic Resources (IDR) files Form 144 to sell 7,143 shares
Rhea-AI Filing Summary
The filer submitted a Form 144 disclosing a proposed sale of 7,143 shares of common stock of Idaho Strategic Resources, Inc. (IDR) through Fidelity Brokerage Services on 09/22/2025. The filing reports an aggregate market value of $218,004.36 based on 14,505,392 shares outstanding. The shares were acquired as a stock award from the issuer on 09/29/2018 and were received as compensation. No securities were reported sold in the prior three months.
Positive
- Regulatory compliance: The filer provided required disclosure of an intended insider sale, including acquisition details and broker information.
- Transparency: Aggregate market value and outstanding share count are disclosed, enabling basic market context.
Negative
- Insider sale: The filer intends to sell 7,143 shares, representing a potentially dilutive insider disposition to the market.
- Limited context: The filing does not state whether the sale is part of an established trading plan or the reason for the sale.
Insights
TL;DR Routine Form 144 disclosing an intended insider sale of 7,143 shares, consistent with regulatory transparency requirements.
The filing documents a planned sale through a broker and discloses acquisition details showing the shares originated from a stock award granted by the issuer on 09/29/2018 and received as compensation. The disclosure of the number of shares, aggregate market value, and outstanding shares provides basic transparency for market participants. There is no information in the filing about a trading plan, partial payments, or recent sales in the prior three months.
TL;DR Non-material insider divestiture disclosed; useful for record-keeping but not by itself a material corporate event.
The notice shows the sale is being executed via a broker on a specific date and that the securities were originally issued as an award from the company. The form includes the statutory attestation that the seller is unaware of undisclosed material adverse information. The filing lacks context on volume relative to typical insider activity or any linked trading plan.