Issuer (NYSE: IDR) insider plans sale of 30,000 common shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
A Rule 144 notice shows an insider plans to sell 30,000 shares of IDR common stock. The shares are to be sold through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of $1,363,113.00 based on the figures in the notice. The filing reports that these shares were originally acquired on 10/31/2013 in a private cash transaction from the issuer or an affiliate.
The notice also discloses that during the past three months, the same seller disposed of 87,470 common shares for gross proceeds of $2,646,437.38. The representation included states that the seller does not know of any material adverse, non-public information about the issuer’s current or prospective operations.
Positive
- None.
Negative
- None.
FAQ
What does the latest Form 144 filing indicate for IDR?
The notice shows an insider plans to sell 30,000 IDR common shares on the NYSE through Morgan Stanley Smith Barney, with an indicated market value of $1,363,113.00.
Does the insider attest to having non-public adverse information about IDR?
The seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.