[144] Limbach Holdings, Inc. SEC Filing

Rhea-AI Filing Summary

Limbach Holdings, Inc. (LMB) filed a Form 144 notice to sell 2,000 common shares through Morgan Stanley Smith Barney on the NASDAQ, with an aggregate market value of $211,860. The planned approximate sale date is 09/15/2025. The shares were acquired on 03/14/2024 as Performance Stock Units issued by the company, and the filer reports 11,626,814 shares outstanding.

The filing includes the seller's certification that they are not aware of any undisclosed material information about the issuer. No sales by the same person in the past three months were reported and no payment or unusual consideration terms are disclosed.

Insights

Securities Transactions Analyst

TL;DR: Small insider sale of 2,000 shares planned; transaction appears routine and immaterial to company valuation.

The Form 144 notifies a proposed sale of 2,000 common shares valued at $211,860, to be executed through Morgan Stanley Smith Barney on NASDAQ. Given total shares outstanding of 11,626,814, the amount represents an immaterial fraction of equity (well below 1%). The securities were issued as performance stock units on 03/14/2024, indicating the sale is of recently vested compensation rather than proceeds from a corporate financing or significant disposition. The filing notes no securities sold in the prior three months and includes the standard representation regarding material nonpublic information.

Compliance & Corporate Governance Expert

TL;DR: Filing meets Rule 144 disclosure expectations; raises no immediate regulatory or governance concerns.

The notice provides required details: broker name, class, acquisition date and nature (Performance Stock Units), and planned sale date. The seller attests to lack of undisclosed material information and there are no complex payment arrangements disclosed. From a governance and disclosure perspective, this is a routine Section 144 notice consistent with compliance around insider compensation vesting and subsequent sales.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2000	211860.00	11626814	09/15/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/14/2024	Performance Stock Units	Issuer			2000	03/14/2024	N/A

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What is the size and value of the proposed LMB sale in Form 144?

The notice covers 2,000 common shares with an aggregate market value of $211,860.

When are the LMB shares expected to be sold and on which exchange?

The approximate sale date is 09/15/2025 and the transaction is to be executed on NASDAQ through Morgan Stanley Smith Barney.

How were the shares acquired that are being sold according to the filing?

The shares were acquired on 03/14/2024 as Performance Stock Units granted by the issuer.

Does the filing report any other sales by the same person in the past three months?

No. The filing states Nothing to Report for securities sold during the past three months.

How large is the proposed sale relative to Limbach's outstanding shares?

The filing lists 11,626,814 shares outstanding; 2,000 shares are an immaterial portion of that total.