KRMN insider files Form 144 for $17.5M NYSE share sale
Rhea-AI Filing Summary
KRMN filed a Form 144 notice for a planned sale of common stock under SEC Rule 144. The filing reports an intention to sell 300,000 shares of common stock through Fidelity Brokerage Services LLC on the NYSE, with an indicated aggregate market value of $17,544,000.00. The issuer has 132,322,435 shares of this class outstanding.
The shares to be sold were acquired on 02/12/2025 via an entity conversion in connection with the initial public offering, from the issuer, for an amount of 300,000 shares on that same date. By signing the 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.
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FAQ
What does the KRMN Form 144 filing report?
The Form 144 filing for KRMN reports a planned sale of 300,000 shares of the company’s common stock under SEC Rule 144.
How many KRMN shares are planned to be sold and what is their value?
The filing states an intention to sell 300,000 common shares with an aggregate market value of $17,544,000.00.
On which exchange and through which broker will the KRMN shares be sold?
The planned sale is listed for the NYSE and the broker named is Fidelity Brokerage Services LLC, located at 245 Summer Street, Boston, MA 02110.
How many KRMN shares are outstanding for this class of stock?
The Form 144 notes that there are 132,322,435 shares of this class of KRMN common stock outstanding.
When and how were the KRMN shares to be sold originally acquired?
The shares were acquired on 02/12/2025 through an entity conversion in connection with the initial public offering, from the issuer, in the amount of 300,000 shares.
What representation does the seller make in the KRMN Form 144?
By signing the notice, the person for whose account the securities will be sold represents that they do not know any material adverse information about KRMN’s current or prospective operations that has not been publicly disclosed.