[144] Northeast Bank SEC Filing

Rhea-AI Filing Summary

Northeast Bank (NBN) Form 144 notice reports a proposed sale of 500 common shares on the NYSE through Charles Schwab with an aggregate market value of $50,500. The filing lists total shares outstanding of 69,640,961 and an approximate sale date of 08/13/2025.

The securities were acquired from the issuer under a compensation plan on 05/05/2024 and fully paid on that date. The filing indicates no securities sold during the past three months and includes the standard representation that the filer is not aware of undisclosed material adverse information about the issuer.

Positive

• Shares were acquired under a compensation plan, indicating the sale relates to recently granted compensation rather than an earlier large holding.
• Form 144 notice has been filed and identifies a broker (Charles Schwab), suggesting procedural compliance with Rule 144 sale requirements.

Negative

• None.

Insights

Securities Analyst

TL;DR: Small, routine Rule 144 notice for 500 shares; unlikely to affect market or control.

The filing notifies a proposed sale of 500 common shares valued at $50,500, representing a very small position relative to 69,640,961 outstanding shares. The shares were acquired under a compensation plan on 05/05/2024 and are to be sold via Charles Schwab on NYSE on 08/13/2025. From a market-impact perspective this is immaterial and appears procedural: the filing meets Rule 144 disclosure requirements but does not signal significant insider divestiture or market-moving volume.

Corporate Governance Expert

TL;DR: Procedural compliance with Rule 144; no disclosed governance or disclosure issues.

The notice documents that the shares were granted under a compensation plan and that no sales occurred in the prior three months. The filing includes the standard attestation about lack of undisclosed material adverse information. There are no disclosures of related-party transfers, accelerated sales, or other governance items that would raise concern based on the information provided.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
common	Charles Schwab & Co 3000 Schwab Way westlake TX 76262	500	50500.00	69640961	08/13/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
common	05/05/2024	compensation plan	issuer			500	05/05/2024	n/a

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Northeast Bank (NBN) shares does the filer propose to sell?

The filer proposes to sell 500 common shares of Northeast Bank (NBN).

What is the aggregate market value and planned sale date for the NBN shares?

The aggregate market value is reported as $50,500 and the approximate date of sale is 08/13/2025.

How and when were the shares being sold acquired?

The 500 shares were acquired from the issuer on 05/05/2024 under a compensation plan and payment was made on that date.

Who will execute the sale and on which exchange?

The filing lists Charles Schwab & Co (address shown) as the broker and the transaction is to occur on the NYSE.

Does the filing report other sales by the filer in the past three months?

The filing states: Nothing to Report for securities sold during the past three months.

Who is the filer or beneficial owner named in the Form 144?

The provided content does not include the filer's name, CIK, or identifying information in the visible tables.