[144] Disc Medicine, Inc. SEC Filing
Rhea-AI Filing Summary
Disc Medicine, Inc. (IRON) filed a Form 144 reporting a proposed sale of 4,080 shares of common stock through Merrill Lynch, with an aggregate market value of $243,780.00. The filing shows the shares were acquired in a private placement from the issuer on 05/01/2020 and paid for in cash. The sale is scheduled to occur on or about 08/22/2025 and the shares are listed as traded on Nasdaq. The filer represents they are not aware of any undisclosed material adverse information about the issuer. No securities were reported sold by the filer in the past three months according to the form.
Positive
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Negative
- None.
Insights
TL;DR This is a routine Rule 144 notice for a small block of shares from a private placement, suggesting planned insider/affiliate sales rather than major structural change.
The filing documents a proposed sale of 4,080 common shares valued at $243,780 via Merrill Lynch with an approximate sale date of 08/22/2025. The shares were acquired in a private placement on 05/01/2020 and paid in cash, which confirms they are held securities subject to resale conditions under Rule 144. The absence of reported sales in the prior three months implies this transaction is not part of a larger, recent disposal pattern. No earnings, debt, or other financial metrics are provided in the filing, limiting broader financial interpretation.
TL;DR The notice appears procedural and compliant, with the signer affirming no undisclosed material information; it does not indicate governance changes.
The filer affirms the Rule 144 representations including lack of material nonpublic information and discloses acquisition details (private placement, 05/01/2020). The use of a broker and explicit aggregate market value provides transparency for market participants. There are no disclosures of related-party transfers, plan adoption dates, or trading plans under Rule 10b5-1 in the form, so governance implications are limited to routine insider selling disclosures.