Idaho Strategic Resources (IDR) Insider Sale: 15,937 Shares Disposed
Rhea-AI Filing Summary
Grant A. Brackebusch, a director and CFO/VP of Idaho Strategic Resources, Inc. (IDR), reported a sale of 15,937 common shares on 09/19/2025 at $29.52 per share. After this transaction he is reported to beneficially own 120,295 shares indirectly through his spouse. The filing states the sale completes shares previously disclosed on a Form 144 by Ms. Brackebusch. The Form 4 is signed by Grant A. Brackebusch on 09/19/2025. The document shows the reporting person filed individually and identifies his address in Coeur d'Alene, Idaho.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider sale reported; routine disclosure with limited market-moving detail.
The Form 4 documents an insider sale of 15,937 common shares at $29.52, leaving an indirect beneficial holding of 120,295 shares. This is a compliance filing that notifies investors of an insider disposition; it does not provide company operating metrics or reasons for the sale. From an analyst perspective, the transaction is a liquidity event for the insider and should be viewed as informative rather than conclusively negative without additional context such as timing, pattern of sales, or proportional ownership metrics.
TL;DR: Filing demonstrates required Section 16 transparency; no governance red flags evident from this single Form 4.
The report identifies the reporting person as both a director and an officer and shows an indirect ownership vehicle (spouse). The disclosure that the sale completes shares previously reported on a Form 144 indicates coordination with the brokered sale process. There are no indications of undisclosed related-party transactions or exemptions claimed on this Form 4. For governance assessment, further trends in insider activity and proportional ownership changes would be needed to assess significance.