Fairholme sells 18,000 JOE shares (NYSE: JOE) in Form 144 filing
Rhea-AI Filing Summary
Issuer filed a Form 144 disclosing proposed sales of Common Stock by affiliated holders. The excerpt shows sales by Fairholme Capital Management, L.L.C. of 18,000 shares on 02/12/2026 for $1,220,353.00 and 1,000 shares on 03/10/2026 for $71,095.20. The filing lists shares outstanding 57,409,746 as of 05/07/2026 and multiple historic open‑market purchases recorded in 2017–2018.
Positive
- None.
Negative
- None.
Insights
Routine Form 144 reports proposed resale by an affiliate; no new issuer proceeds are shown.
The filing lists specific proposed dispositions by Fairholme Capital Management, L.L.C.: 18,000 shares (02/12/2026) and 1,000 shares (03/10/2026) with dollar amounts provided. These are resale disclosures under Rule 144, not an issuer offering of new shares.
Cash‑flow treatment to the issuer is not stated in the excerpt; subsequent Section 144 filings or broker reports may show execution details.