JOE common stock (JOE) faces 5,000-share Rule 144 sale by Fairholme

Rhea-AI Filing Summary

Fairholme Capital Management, L.L.C. has filed a notice of proposed sale under Rule 144 covering 5,000 shares of JOE common stock, with an aggregate market value of $303,700, to be sold through National Financial Services on the NYSE around 12/23/2025. These shares are part of positions originally acquired in August 2017 through open‑market purchases paid fully in cash.

Over the prior three months, Fairholme has already sold JOE common stock in multiple transactions, including 54,900 shares on 11/05/2025 for gross proceeds of $3,244,480.20 and other smaller sales such as 11,000 shares on 10/06/2025 for $541,860.00. By signing the notice, the seller represents that they do not know of any undisclosed material adverse information about the issuer.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	National Financial Services 200 Liberty Street 4th Floor New York NY 10281	5000	303700.00	577744530	12/23/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/25/2017	Purchase	Open Market Transaction			4100	08/30/2017	Full Cash Payment
Common	08/28/2017	Purchase	Open Market Transaction			900	08/31/2017	Full Cash Payment

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Fairholme Capital Management, L.L.C. 5966 S Dixie Highway Suite 300 South Miami FL 33143	Common	10/06/2025	11000	541860.00
Fairholme Capital Management, L.L.C. 5966 S Dixie Highway Suite 300 South Miami FL 33143	Common	11/05/2025	54900	3244480.20
Fairholme Capital Management, L.L.C. 5966 S Dixie Highway Suite 300 South Miami FL 33143	Common	11/06/2025	5100	299995.77
Fairholme Capital Management, L.L.C. 5966 S Dixie Highway Suite 300 South Miami FL 33143	Common	11/21/2025	8000	416565.01

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many JOE shares is Fairholme planning to sell under this Form 144?

The notice covers a proposed sale of 5,000 shares of JOE common stock, with an aggregate market value of $303,700, to be sold on the NYSE.

At what broker and exchange will the JOE shares be sold?

The filing lists National Financial Services, located at 200 Liberty Street, New York, as the broker, and identifies the NYSE as the securities exchange for the proposed sale.

When did Fairholme originally acquire the JOE shares covered by this Form 144?

The 5,000 shares come from JOE common stock acquired in August 2017 through open‑market purchases: 4,100 shares acquired on 08/25/2017 and 900 shares acquired on 08/28/2017, both paid by full cash payment within a few days.

What JOE share sales has Fairholme made in the past three months?

The notice lists several recent JOE common stock sales, including 11,000 shares on 10/06/2025 for $541,860.00, 54,900 shares on 11/05/2025 for $3,244,480.20, 5,100 shares on 11/06/2025 for $299,995.77, and 8,000 shares on 11/21/2025 for $416,565.01.

What representation does the seller make about information on the JOE issuer?

By signing the notice, the person on whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.

How many JOE shares are outstanding according to this Form 144?

The securities information section states that the number of JOE common shares outstanding is 577,744,530 at the time of the notice, which serves as a baseline figure.