IT (NYSE: IT) files Form 144 for planned sale of 220 shares
Rhea-AI Filing Summary
IT has a Form 144 notice indicating a planned sale of 220 shares of common stock through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of $50,504.30 and an approximate sale date of 12/03/2025. These shares were acquired on 02/10/2025 as restricted stock from the issuer, with the full amount acquired and paid for on that date.
The notice also reports that the issuer has 72,077,145 shares of this class of stock outstanding, which is a baseline figure and not the amount being sold.
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FAQ
What does IT's Form 144 filing report?
The Form 144 for IT reports a planned sale of 220 shares of common stock on the NYSE, using Morgan Stanley Smith Barney as broker, under Rule 144.
How many IT shares are planned for sale in this Form 144?
The notice covers a proposed sale of 220 shares of common stock with an aggregate market value of $50,504.30.
What is the aggregate market value of the IT shares to be sold?
The 220 shares of IT common stock to be sold have an aggregate market value of $50,504.30 based on the information provided.
When and how were the IT shares being sold acquired?
The 220 shares were acquired on 02/10/2025 as restricted stock from the issuer, with payment also dated 02/10/2025.
Which broker will handle the IT Form 144 share sale?
The planned sale will be handled by Morgan Stanley Smith Barney LLC Executive Financial Services at its New York Plaza office.
How many IT shares of this class are reported as outstanding?
The Form 144 states that there are 72,077,145 shares of this class of IT common stock outstanding.
What representation does the seller make in IT's Form 144 notice?
The person for whose account the securities are to be sold represents that they do not know of any material adverse information about the issuer's current or prospective operations that has not been publicly disclosed.