LOB (NYSE: LOB) holder discloses planned Rule 144 sale of 10,000 shares
Rhea-AI Filing Summary
James S Mahan Rev Trust has filed a notice under Rule 144 to sell 10,000 common shares through Fidelity Brokerage Services LLC on the NYSE, with an aggregate market value of $359,724.00. The notice lists 45,857,617 common shares outstanding for the issuer, giving a sense of the overall equity base.
The trust acquired these 10,000 shares in August 2020 through open market purchases paid in cash. It also discloses a series of sales of 10,000 common shares each in November and December 2025, including sales on November 26, 2025 and December 12, 2025 with gross proceeds of $321,747.83 and $351,337.65, respectively. This notice alerts the market to additional planned share sales by an existing holder.
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FAQ
What planned stock sale does the LOB Rule 144 notice describe?
The notice shows that James S Mahan Rev Trust plans to sell 10,000 common shares through Fidelity Brokerage Services LLC on the NYSE under Rule 144.
What is the market value of the 10,000 LOB shares to be sold?
The filing reports an aggregate market value of $359,724.00 for the planned sale of 10,000 common shares.
How many LOB shares are outstanding according to this notice?
The notice lists 45,857,617 common shares outstanding for the issuer, providing context for the company’s total equity.
When and how did the seller acquire the LOB shares?
The trust acquired the 10,000 common shares in August 2020 via open market purchases from the issuer, with payment made in cash on August 21, 2020.
Which broker and exchange are involved in the planned LOB share sale?
The planned transaction is through Fidelity Brokerage Services LLC, and the common shares are to be sold on the NYSE.
What recent LOB share sales by this trust are disclosed?
The notice lists multiple prior sales of 10,000 common shares in November and December 2025, including sales on November 26, 2025 and December 12, 2025 with gross proceeds of $321,747.83 and $351,337.65, respectively.
What does a Rule 144 notice mean for LOB shareholders?
A Rule 144 notice like this one discloses the planned sale of shares by an existing holder, making the market aware of potential additional stock available for trading.