STOCK TITAN

Julius Baer (Middle East) Ltd. (IGIC) plans Nasdaq sale of 40k and 20k shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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

  • None.

Negative

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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.

Proposed sale 40,000 shares dated 05/26/2026 on Nasdaq
Aggregate value $1,000,000.00 associated with 40,000 shares dated 05/26/2026
Proposed sale 20,000 shares dated 05/27/2026 on Nasdaq
Aggregate value $500,000.00 associated with 20,000 shares dated 05/27/2026
Prior open-market purchase 12,479 shares 06/29/2020
Prior open-market purchase 25,000 shares 07/01/2020
Prior open-market purchase 12,500 shares 12/28/2020
Form 144 regulatory
"submitted a Form 144 notice for proposed sales"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Open Market Purchase market
"Open Market Purchase through a broker"
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.
CUSIP regulatory
"42659734 listed alongside the proposed sale entries"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Julius Baer (Middle East) Ltd.'s Form 144 for IGIC disclose?

The Form 144 discloses proposed sales of 40,000 shares (aggregate $1,000,000.00) on 05/26/2026 and 20,000 shares (aggregate $500,000.00) on 05/27/2026, to be transacted on Nasdaq.

Does the filing show past purchases by Julius Baer (Middle East) Ltd. of IGIC shares?

Yes. The filing lists open-market purchases in 2020: 12,479 shares on 06/29/2020, 25,000 on 07/01/2020, 12,500 on 12/28/2020, 10,000 on 12/29/2020, and 21 shares on 12/30/2020.

Are the proposed sale amounts for IGIC the totals being registered?

The filing explicitly lists proposed sale entries of 40,000 shares (aggregate $1,000,000.00) and 20,000 shares (aggregate $500,000.00) with CUSIP 42659734 on the stated dates.

Will the Form 144 alone complete the sales of IGIC shares?

No. Form 144 is a notice of proposed disposition under Rule 144. Actual sales execution, settlement, and any required broker processing are separate and not detailed in the provided excerpt.