[144] Inter & Co, Inc. SEC Filing
Inter & Co, Inc. (INTR) filed a Form 144 disclosing a proposed sale of 20,000 Class A shares via Nasdaq through Inter&Co Securities. The filing shows an aggregate market value of $137,000 and reports 322,923,963 shares outstanding. The shares were acquired on 02/13/2023 as employee compensation registered under Form S-8 via a cashless exercise. The approximate sale date is listed as 06/11/2025. The filer indicates no securities sold in the past three months and includes the standard representation that no undisclosed material adverse information is known.
- Full disclosure of sale details including broker, share count, aggregate market value, and approximate sale date
- Acquisition was via Form S-8 employee compensation, indicating the shares derive from a registered employee plan
- No securities sold in the past three months for the selling person, as reported in the filing
- Some filer identification fields appear blank in the provided content, which may limit traceability of the filer in this extract
- Aggregate market value is modest ($137,000), indicating limited market impact but also limited liquidity size for the seller
Insights
TL;DR: Routine insider sale notice; documentation and representations are standard and consistent with Rule 144 requirements.
The Form 144 documents a proposed sale under Rule 144 using a registered Form S-8 allocation and a cashless exercise, which aligns with customary compliance procedures for employee-held equity. The filing names the broker and provides the required quantities, market value, and approximate sale date. The statement that there were no sales in the past three months helps satisfy aggregation disclosure. From a compliance perspective, the filing appears complete for the elements shown, though certain filer identification fields in the provided content are blank.
TL;DR: Small, non-material proposed sale disclosed; unlikely to affect market supply or company valuation.
The notice reports 20,000 Class A shares with an aggregate market value of $137,000 against 322,923,963 shares outstanding and a Nasdaq listing, indicating the transaction is modest in scale relative to total outstanding stock. The shares were acquired as employee compensation and are being sold through a broker, consistent with typical employee liquidity events. No recent sales in the prior three months are reported, suggesting this is an isolated planned sale rather than part of a larger pattern.