Todd Cleveland sells 922 shares under Rule 144 (IESC) for $628K
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
CJS Securities, Inc. filing a Rule 144 notice reports an open-market transaction by Todd M. Cleveland. The filing shows 922 shares sold on 05/06/2026 for $628,389.56 gross proceeds. The notice also lists 10,000 shares as securities to be sold (common stock).
Positive
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Negative
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Insights
Rule 144 notice documents an open-market disposition by a holder with specific share and proceeds amounts.
The filing records a sale of 922 shares on 05/06/2026 generating $628,389.56 in gross proceeds. It also lists 10,000 shares under “Securities To Be Sold” for common stock.
Timing and cash‑flow treatment are those shown in the notice; subsequent regulatory or reporting updates would appear in later filings.
Key Figures
Shares sold: 922 shares
Gross proceeds: $628,389.56
Securities to be sold: 10,000 shares
3 metrics
Shares sold
922 shares
Sale date <date>05/06/2026</date>
Gross proceeds
$628,389.56
Proceeds from the 922-share sale on <date>05/06/2026</date>
Securities to be sold
10,000 shares
Listed under "Securities To Be Sold" (common stock)
Key Terms
Rule 144, Gross Proceeds, Open Market
3 terms
Rule 144 regulatory
"COMMON STOCK | 02/15/2017 | OPEN MARKET"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Gross Proceeds financial
"922 | 628389.56"
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.
Open Market market
"COMMON STOCK | 02/15/2017 | OPEN MARKET"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
FAQ
What did the IESC Rule 144 filing report?
The filing reports a Rule 144 open‑market sale of 922 shares by Todd M. Cleveland on 05/06/2026. It lists $628,389.56 in gross proceeds from that sale and shows 10,000 shares noted to be sold.
Who conducted the transaction in the IESC filing?
The transaction was reported as executed by Todd M. Cleveland, with an address shown in the filing. The report lists the security as common stock and the sale as an open market transaction.
How large was the sale reported in the IESC Rule 144 notice?
The filing shows a disposition of 922 shares producing $628,389.56 in gross proceeds on 05/06/2026. The notice separately lists 10,000 shares under securities to be sold.
Does the filing state who received the proceeds?
The filing lists $628,389.56 as gross proceeds for the reported sale. The document does not provide additional detail about recipients or subsequent allocation of those proceeds.
What method of sale is disclosed in the IESC notice?
The filing specifies the method as open market for the reported transaction. No alternative distribution methods or underwriting terms are described in the provided excerpt.