Company L (NYSE: L) holder plans Rule 144 sale of 1,444 common shares
Rhea-AI Filing Summary
Company L has a shareholder filing a notice under Rule 144 to sell 1,444 shares of common stock through Fidelity Brokerage Services on the NYSE. The planned sale has an aggregate market value of 156,093.66, compared with 206,659,567 shares of common stock outstanding. The shares to be sold were acquired on 12/01/2025 via a stock appreciation right (SAR) compensation transaction from the issuer, with payment also dated 12/01/2025.
Over the prior three months, the same seller, Ann E. Berman, sold 1,422 common shares on 09/02/2025 for gross proceeds of 137,466.45. By signing the notice, the seller represents that they are not aware of any material adverse, nonpublic information about the issuer’s operations and acknowledges that intentional misstatements or omissions constitute a federal criminal violation.
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FAQ
What does this Form 144 filing for symbol L disclose?
The filing discloses that a shareholder intends to sell 1,444 shares of common stock of Company L on the NYSE under Rule 144, through Fidelity Brokerage Services.
How many L shares are planned for sale and what is their market value?
The shareholder plans to sell 1,444 common shares with an aggregate market value of 156,093.66, according to the notice.
How many L shares are outstanding compared to the Rule 144 sale?
The notice states that there are 206,659,567 common shares outstanding, compared with the 1,444 shares covered by this planned sale.
How and when were the L shares being sold under Rule 144 acquired?
The shares were acquired on 12/01/2025 via a stock appreciation right (SAR) compensation transaction from the issuer, with payment also dated 12/01/2025.
Has the seller of L stock sold any shares in the last three months?
Yes. Ann E. Berman sold 1,422 common shares on 09/02/2025 for 137,466.45 in gross proceeds.
What representations does the seller make in this L Form 144 notice?
The seller represents that they do not know of any material adverse, nonpublic information about the issuer’s current or prospective operations and acknowledges that intentional misstatements or omissions are federal criminal violations.