KGS (NYSE: KGS) holder to sell 1,652 common shares under Rule 144
Rhea-AI Filing Summary
A shareholder of KGS has filed a notice of proposed sale under Rule 144 to sell 1,652 shares of common stock through Fidelity Brokerage Services LLC. The filing lists an aggregate market value of $63,304.64 for these shares, with the transaction expected to take place around 01/05/2026 on the NYSE.
The shares were acquired on 10/31/2025 through restricted stock vesting from the issuer. The filing also notes that there were 86,683,860 shares of this class of stock outstanding, providing context for the size of the planned sale. By signing the notice, the seller represents that they are not aware of undisclosed material adverse information about KGS.
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FAQ
What does the KGS Form 144 filing disclose?
The filing discloses that a KGS shareholder intends to sell 1,652 shares of common stock under Rule 144. The shares are to be sold through Fidelity Brokerage Services LLC on the NYSE, with an aggregate market value of $63,304.64 listed in the notice.
How many KGS shares are planned to be sold and on which exchange?
The notice covers a proposed sale of 1,652 KGS common shares. The planned sale is listed as occurring on the NYSE, with Fidelity Brokerage Services LLC named as the broker handling the transaction.
When and how were the KGS shares being sold acquired?
The 1,652 KGS common shares were acquired on 10/31/2025 through restricted stock vesting from the issuer. The filing identifies the issuer as the source of the shares and classifies the transaction as restricted stock vesting rather than an open-market purchase.
What is the aggregate market value of the KGS shares in this Form 144?
The filing states an aggregate market value of $63,304.64 for the 1,652 KGS common shares to be sold. This value helps indicate the approximate dollar size of the proposed transaction under Rule 144.
How many KGS shares of this class are outstanding, according to the notice?
The Form 144 indicates that there are 86,683,860 shares of the relevant class of KGS common stock outstanding. This figure provides a baseline for understanding the relative size of the 1,652-share proposed sale.
What representation does the shareholder make in the KGS Form 144?
By signing the notice, the shareholder represents that they do not know any material adverse information about the current or prospective operations of the issuer that has not been publicly disclosed. This representation is part of the standard Form 144 certification language.