LOB (NYSE: LOB) trustee sells multiple 10,000‑share blocks reported in Form 144
Rhea-AI Filing Summary
LOB affiliate reports multiple proposed sales of Common Stock under Form 144. The James S Mahan Rev Trust shows repeated entries of 10,000 shares each sold across dates from 12/12/2025 through 03/11/2026, with per‑trade proceeds listed in the excerpt. The filings identify a brokerage account at Fidelity Brokerage Services LLC.
Positive
- None.
Negative
- None.
Insights
Multiple block dispositions by a single trust over a three‑month span.
The excerpt lists repeated sales of 10,000 shares each by the James S Mahan Rev Trust on discrete dates between 12/12/2025 and 03/11/2026, with per‑trade cash proceeds shown for each trade. These entries are typical of scheduled or opportunistic dispositions reported under Form 144.
Cash‑flow treatment is explicit per trade (dollar proceeds are shown); regulatory timing and whether transactions were pursuant to a trading plan are not stated in the excerpt.
Form 144 notices document proposed sales, triggering SEC notice requirements.
Form 144 filings notify the SEC of proposed affiliate sales; the excerpt provides trade dates and gross proceeds for each 10,000‑share block. The broker listed is Fidelity Brokerage Services LLC, with activity reported on the NYSE.
Further compliance details (intended sale method, Rule 144 eligibility statements) are not included in the excerpt and would appear in the complete filing or associated disclosures.