Loma Negra (NYSE: LOMA) investor plans Rule 144 sale of 4,917 ADS
Rhea-AI Filing Summary
Loma Negra (NYSE: LOMA) security holder files a Rule 144 notice to sell 4,917 American Depositary Shares (ADS). The ADS are to be sold through broker PERSHING LLC on the NYSE, with an aggregate market value of 61,954. The planned sale date is listed as 12/04/2025.
The seller acquired these ADS from the issuer under a compensation plan in three separate grants: 899 ADS on 01/03/2023, 2,161 ADS on 01/04/2024, and 1,857 ADS on 03/18/2024, all recorded as non-cash awards (noted as "N/A" for nature of payment). By signing the notice, the selling holder represents that they are not aware of any undisclosed material adverse information about Loma Negra’s current or prospective operations.
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FAQ
What does the Form 144 filing for Loma Negra (LOMA) disclose?
The filing discloses that a Loma Negra security holder intends to sell 4,917 ADS under Rule 144. The planned sale is through PERSHING LLC on the NYSE, with an aggregate market value stated as 61,954 and an approximate sale date of 12/04/2025.
How many Loma Negra (LOMA) ADS are planned to be sold and on which exchange?
The notice covers a planned sale of 4,917 ADS of Loma Negra. The securities are expected to be sold on the New York Stock Exchange (NYSE) through broker PERSHING LLC.
How and when were the Loma Negra (LOMA) ADS being sold under Form 144 acquired?
The ADS were acquired from the issuer under a compensation plan in three transactions: 899 ADS on 01/03/2023, 2,161 ADS on 01/04/2024, and 1,857 ADS on 03/18/2024. Each is listed with the issuer as the source and payment described as N/A, indicating non-cash compensation.
What is the stated aggregate market value of the Loma Negra ADS to be sold?
The filing lists an aggregate market value of 61,954 for the 4,917 ADS planned for sale. This amount is tied to the ADS listed for sale through PERSHING LLC on the NYSE.
What representation does the selling holder make in the Loma Negra Form 144?
By signing the notice, the selling holder represents that they do not know of any material adverse information about Loma Negra’s current or prospective operations that has not been publicly disclosed. This statement is required as part of the Rule 144 notice.
Are the Loma Negra (LOMA) ADS being sold under a Rule 10b5-1 trading plan?
The text explains that if a person has adopted a written trading plan or given trading instructions under Rule 10b5-1, signing the form and indicating the adoption date would make the representation as of that date. The excerpt does not list a specific plan date or identify a particular plan for this sale.