Planned sale of 8,000 IGIC shares disclosed in Form 144 (Nasdaq: IGIC)
Rhea-AI Filing Summary
A holder of 8,000 common shares of the issuer has filed a Form 144 notice to sell these shares through J.P. Morgan Securities LLC on the Nasdaq, with an indicated aggregate market value of $200,240.00. The filing states that the issuer has 43,178,185 shares outstanding.
The shares to be sold were acquired as equity compensation, specifically common shares issued on settlement of previously granted restricted stock units (RSUs) on 01/02/2026 and 01/03/2026. The planned approximate sale date is 01/05/2026, and the filer represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.
Positive
- None.
Negative
- None.
FAQ
How many IGIC shares are planned for sale under this Form 144?
The notice covers the proposed sale of 8,000 common shares of the issuer.
What is the aggregate market value of the IGIC shares to be sold?
The 8,000 common shares listed for sale have an aggregate market value of $200,240.00 as stated in the filing.
How and when were the IGIC shares being sold under Form 144 acquired?
The shares were acquired as equity compensation, described as common shares issued on settlement of previously granted RSUs on 01/02/2026 and 01/03/2026.
When is the planned sale date for the IGIC shares in this Form 144?
The approximate date of sale given in the filing is 01/05/2026.
Which broker and exchange are involved in the planned IGIC share sale?
The planned sale is through J.P. Morgan Securities LLC, and the common shares are listed for trading on the Nasdaq exchange.
How many IGIC shares are outstanding according to this Form 144?
The filing reports that the issuer has 43,178,185 common shares outstanding.
What representation does the seller make about IGIC’s non-public information?
By signing the notice, 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.