Trust sells multiple 10,000‑share blocks for LOB (LOB) in March–May 2026
Rhea-AI Filing Summary
LOB filed a Form 144 reporting proposed sales of Common Stock by the James S Mahan Rev Trust. The trust reported multiple blocks of 10,000 shares sold on dates including 03/04/2026, 03/05/2026, 03/11/2026, and several sales in May 2026. Reported gross proceeds for individual blocks range from $325,040.97 to $376,513.10 per the listed transactions. The filing names Fidelity Brokerage Services LLC as a broker and classifies the securities as Pre-IPO Shares.
Positive
- None.
Negative
- None.
Insights
Multiple trust-originated block sales of 10,000 shares are reported; these are routine disposition notices.
The excerpt lists repeated sales by the James S Mahan Rev Trust of 10,000 shares per transaction with explicit per-sale proceeds such as $366,896.83 on 03/04/2026 and $376,513.10 on 05/27/2026.
These entries are notices of proposed sales under resale rules and do not by themselves show company action or proceeds receipt by the issuer; subsequent trade reporting would confirm execution details.