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Shareholder in LECO (NASDAQ: LECO) plans 10,657-share stock sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A holder of LECO common stock has filed a notice to sell 10,657 shares on the NASDAQ, with an aggregate market value of $3,078,281.91. The sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services.

The filing notes that 55,026,176 shares of this class were outstanding. The 10,657 shares were acquired on 02/17/2026 by exercising stock options under a registered plan, with the purchase price paid in cash on the same date.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does this Form 144 filing mean for LECO shareholders?

The filing shows a shareholder plans to sell 10,657 LECO common shares under Rule 144. This is a notice of a potential sale, not a guarantee all shares will be sold, and it represents a small portion of the 55,026,176 shares outstanding.

How many LECO shares are planned for sale under this Form 144?

The shareholder plans to sell 10,657 shares of LECO common stock. These shares have an aggregate market value of about $3,078,281.91, based on the figures in the notice, and will be sold through a broker on the NASDAQ exchange.

What is the market value of the LECO shares in this planned Rule 144 sale?

The filing lists an aggregate market value of $3,078,281.91 for the 10,657 LECO shares to be sold. This amount is based on the market price at the time of the notice and is subject to change with future trading prices.

How and when were the LECO shares in this Form 144 acquired?

The 10,657 LECO common shares were acquired on 02/17/2026 by exercising stock options under a registered plan. The filing states the purchase price was paid in cash on the same date as the option exercise.

Which broker will handle the LECO share sale disclosed in this Form 144?

The planned sale of 10,657 LECO common shares will be handled by Morgan Stanley Smith Barney LLC Executive Financial Services. The notice lists this broker’s New York address and identifies NASDAQ as the securities exchange for the transaction.

How many LECO shares are outstanding compared with this planned Form 144 sale?

The notice reports 55,026,176 LECO common shares outstanding. The planned sale covers 10,657 shares, which is a small fraction of the total outstanding, indicating the transaction is relatively limited in size versus the full share base.
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