Julius Baer (Middle East) Ltd. (IGIC) plans Nasdaq sale of 40k and 20k shares
Rhea-AI Filing Summary
Julius Baer (Middle East) Ltd. submitted a Form 144 notice for proposed sales of Common Shares. The filing lists a proposed sale of 40,000 shares with an $1,000,000.00 aggregate value dated 05/26/2026 on Nasdaq, and a proposed sale of 20,000 shares with an $500,000.00 aggregate value dated 05/27/2026 on Nasdaq.
The filing also records prior open-market purchases in 2020, including purchases of 12,479 shares on 06/29/2020, 25,000 shares on 07/01/2020, 12,500 shares on 12/28/2020, 10,000 shares on 12/29/2020, and 21 shares on 12/30/2020. The notice lists CUSIP 42659734 alongside the proposed sale entries.
Positive
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Insights
Form 144 notifies the market of planned Rule 144 dispositions by Julius Baer (Middle East) Ltd.
The notice lists proposed sales of 40,000 and 20,000 Common Shares on Nasdaq with aggregate values of $1,000,000.00 and $500,000.00 dated 05/26/2026 and 05/27/2026. Such filings are procedural disclosures required when restricted or control securities are proposed to be sold in reliance on Rule 144.
Prior open-market purchase dates and quantities from 2020 are shown; timing and settlement mechanics for the proposed sales are not described in the excerpt. Subsequent filings or broker records would show actual transaction execution.