[144] Disc Medicine, Inc. SEC Filing
Rhea-AI Filing Summary
Disc Medicine, Inc. (IRON) filed a Form 144 reporting a proposed sale of 12,862 shares of common stock through Merrill Lynch One Bryant Park (New York) with an aggregate market value of $785,868.20. The filing states the company has 34,765,581 shares outstanding and lists the approximate sale date as 08/14/2025 on the Nasdaq.
The securities were originally acquired on 05/01/2020 in a private placement from the issuer, paid in cash. The filer reports no securities sold in the past three months and includes the standard representation that the seller does not possess undisclosed material adverse information. The notice includes the usual signature and legal attestation language.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small insider/affiliate sale disclosed; size is immaterial relative to outstanding shares and unlikely to move the market.
The proposed sale of 12,862 shares equals roughly 0.037% of the reported 34,765,581 shares outstanding, indicating a modest disposition. The shares were acquired in a private placement on 05/01/2020 and are being sold through a major broker, which suggests a routine liquidity transaction rather than a strategic change. No prior three-month sales are reported, reducing concerns about staged divestment. From a market-impact perspective this notice is neutral.
TL;DR: Filing meets Rule 144 disclosure requirements and contains the standard seller attestation; no governance red flags visible.
The Form 144 provides required details: acquisition date, nature of acquisition (private placement from the issuer), payment method (cash), broker name, proposed sale date, and aggregate value. The attestation that the seller lacks undisclosed material adverse information is included. With no evidence of concurrent unusual activity or repeated recent sales, this filing appears compliant and routine from a governance standpoint.