Planned $36.1M sale of 75,607 LIN (LIN) shares disclosed
Rhea-AI Filing Summary
A holder of LIN common stock has filed a notice of proposed sale under Rule 144 for 75,607 shares, with an aggregate market value of $36,119,599.28. The filing notes that 466,948,930 shares of this class are outstanding.
The shares to be sold were acquired on 02/13/2026 through the cash exercise of stock options originally granted on 02/28/2017 for 30,165 shares and on 02/27/2018 for 45,442 shares. The planned sale is to be executed through Fidelity Brokerage Services LLC on or around 02/13/2026 on the NASDAQ market.
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Insights
Rule 144 filing flags a planned $36.1M LIN stock sale.
The notice covers a proposed Rule 144 sale of 75,607 LIN common shares with an aggregate market value of $36,119,599.28. These shares came from option grants dated 02/28/2017 and 02/27/2018, exercised for cash on 02/13/2026.
Shares outstanding are listed as 466,948,930, giving context for the scale of the planned sale. Execution is slated through Fidelity Brokerage Services LLC on the NASDAQ, with an approximate sale date of 02/13/2026. Actual market impact will depend on trading conditions and how quickly the broker places this volume.
FAQ
What does the Form 144 filing for LIN disclose?