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Sale of 23,255 NE shares planned in Rule 144 notice for NYSE

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A holder of NE common stock has filed a notice of proposed sale under Rule 144. The filing covers plans to sell 23,255 shares of common stock through Charles Schwab Corp, with an aggregate market value of $1,017,173.00, on or around 02/17/2026 on the NYSE. The securities were originally acquired on 02/05/2024 via a restricted stock award from the issuer as deferred compensation, in an amount of 83,208 securities. The filing notes that shares of the issuer’s common stock outstanding were 159,197,398.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the Form 144 filing for NE disclose?

The Form 144 filing for NE discloses a planned sale of common shares. The holder intends to sell 23,255 NE common shares, with an aggregate market value of $1,017,173.00, through Charles Schwab Corp on or about February 17, 2026 on the NYSE.

How many NE shares are planned to be sold under this Form 144?

The filer plans to sell 23,255 NE common shares. These shares are to be sold through Charles Schwab Corp on the NYSE, with the filing indicating an aggregate market value of $1,017,173.00 for the proposed transaction.

When were the NE securities being sold originally acquired?

The NE securities were acquired on February 5, 2024. The filing states they were obtained through a restricted stock award from the issuer in connection with deferred compensation, with 83,208 securities acquired on that date and paid via deferred compensation arrangements.

What is the approximate sale date for the NE shares in this Form 144?

The approximate sale date for the NE shares is February 17, 2026. The filing lists this date as the expected timing for selling 23,255 common shares on the NYSE through Charles Schwab Corp, subject to market conditions and Rule 144 requirements.

How many NE shares are outstanding according to this Form 144?

The filing reports 159,197,398 NE common shares outstanding. This figure provides context for the proposed sale of 23,255 shares under Rule 144, indicating the total number of common shares outstanding for the issuer at the time referenced in the notice.

What type of transaction led to the NE shares now being sold?

The NE shares now being sold came from a restricted stock award. On February 5, 2024, the filer acquired 83,208 securities from the issuer via a restricted stock award, with the nature of payment described as deferred compensation.
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