[144] Mine Safety Incorporated SEC Filing
Mine Safety Incorporated (MSA) filed a Form 144 notifying the proposed sale of 5,000 common shares, with an aggregate market value of $861,879.87, to be sold on or about 09/11/2025 on the NYSE through Fidelity Brokerage Services LLC.
The shares were acquired via restricted stock vesting: 366 shares vested on 03/08/2025 and 4,634 shares vested on 09/01/2025. Payment for the vested shares is identified as compensation. The filer reports no sales of the issuer's securities in the past three months and includes the required attestation about the absence of undisclosed material adverse information.
- Compliance: Form 144 filed specifying broker, sale date, and aggregate market value ($861,879.87).
- Transparency: Acquisition details shown (restricted stock vesting dates and amounts: 366 on 03/08/2025 and 4,634 on 09/01/2025).
- Insider liquidity: Proposed sale of 5,000 shares may increase share supply in the near term.
Insights
TL;DR Routine insider sale filing disclosing a proposed disposition of 5,000 shares (~$862k) following restricted stock vesting.
The Form 144 documents a proposed sale executed through a broker on the NYSE and ties the holdings directly to recent restricted stock vesting events, with amounts and acquisition dates disclosed. This is a standard compliance filing that notifies the market of an insider liquidity event rather than an operational development. Investors should note the size of the sale relative to outstanding shares (5,000 of 39,143,220 outstanding) to assess potential share supply impact; here it represents a de minimis percentage.
TL;DR Filing indicates transparent disclosure of executive/insider compensation conversion and planned sale; procedural compliance is evident.
The filing clearly states the nature of acquisition as restricted stock vesting and identifies the broker and sale date. The attestation about no undisclosed material adverse information is present as required. From a governance perspective, timely Form 144 filing supports disclosure obligations; the document does not contain other governance changes or material corporate actions.