LOB (LOB) holder files Rule 144 to sell 10,000 shares on NYSE
Rhea-AI Filing Summary
A shareholder of LOB has filed a notice to sell 10,000 shares of common stock under Rule 144.
The planned sale is to be executed through Fidelity Brokerage Services LLC on the NYSE, with an approximate sale date of 12/03/2025. The filing cites an aggregate market value of $330,467.30 for these 10,000 shares, compared with 45,857,617 shares of the same class outstanding.
The shares were originally acquired on 08/24/2020 in an open market purchase from the issuer, paid in cash. Over the past three months, the James S Mahan Rev Trust has already sold 10,000 common shares on 11/26/2025 for gross proceeds of $321,747.83 and another 10,000 shares on 11/28/2025 for $320,458.60. The filer also represents that they are not aware of undisclosed material adverse information about the issuer.
Positive
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FAQ
What does the LOB Form 144 filing disclose?
The filing discloses that a shareholder intends to sell 10,000 shares of LOB common stock under Rule 144, providing details on the planned sale, prior sales, and how the shares were originally acquired.
What representation does the seller make about information on the issuer?
By signing the notice, the seller represents that they do not know of any material adverse information about the issuer's current or prospective operations that has not been publicly disclosed.