LAD insider files Form 144 to sell 250 shares via Morgan Stanley
Rhea-AI Filing Summary
Lithia Motors, Inc. (LAD) filing a Form 144 notifies a proposed sale of 250 shares of Common stock through Morgan Stanley Smith Barney LLC on the NYSE with an aggregate market value of $81,016.00 and total shares outstanding listed as 25,636,451. The approximate sale date is 08/22/2025.
The securities were acquired as restricted stock: 74 shares on 08/01/2024 and 176 shares on 03/01/2025, both from the issuer, with payment dates matching acquisition dates. The filing reports no sales in the past three months and includes the standard signature representation regarding material nonpublic information.
Positive
- Form 144 discloses a proposed sale of 250 Common shares with broker and market value specified
Negative
- None.
Insights
TL;DR Routine insider sale notice for a small block of restricted shares; not material to company capitalization.
The Form 144 discloses a proposed sale of 250 common shares via Morgan Stanley with an aggregate market value of $81,016 against 25,636,451 shares outstanding, indicating the block represents a very small percentage of outstanding stock. The securities were acquired as restricted stock in 2024 and 2025 from the issuer and no sales were reported in the prior three months. This filing is procedural and provides transparency about an insider disposition.
TL;DR Filing meets Rule 144 disclosure requirements; includes standard attestation about material nonpublic information.
The notice names Morgan Stanley Smith Barney LLC as broker and specifies acquisition dates and nature (restricted stock), satisfying the disclosure elements required by Rule 144. The signer affirms no undisclosed material adverse information and the form includes the mandatory warning about false statements. There are no indicated gifts, aggregated prior sales, or complex payment arrangements disclosed.