LNN Form 144 Notice: Insider Sale of 3,188 Shares via Ameriprise
Rhea-AI Filing Summary
The Form 144 filed for Lindsay Corporation reports a proposed resale of 3,188 shares of common stock, entered as two lots of 1,332 and 1,856 shares to be executed through Ameriprise on 08/13/2025. The filing lists combined aggregate market value of $452,131.54 and notes 10,862,203 shares outstanding, which is roughly 0.03% of outstanding shares. The shares were acquired as compensation on 11/01/2017, 11/01/2018 and 11/01/2021. The filer reports no sales in the past three months and affirms they do not possess undisclosed material adverse information.
Positive
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Negative
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Insights
TL;DR Routine Rule 144 notice showing a small, non-material insider resale totaling 3,188 shares.
The filing documents a proposed resale under Rule 144 of 3,188 Lindsay Corp shares in two brokered lots, with an aggregate market value of $452,131.54. The shares were awarded as compensation across 2017, 2018 and 2021. Given the size versus 10.86M shares outstanding (~0.03%), the transaction appears immaterial to valuation metrics and there are no reported prior sales in the last three months.
TL;DR Disclosure is procedurally complete and includes the standard investor representation about material nonpublic information.
The filer provides required acquisition dates and the nature of acquisition (compensation) and certifies absence of undisclosed material adverse information. The notice lists Ameriprise as broker and includes the approximate sale date. From a governance and compliance perspective, the submission contains the customary attestations and transaction detail required for Rule 144 notices.