NIC Inc. (NIC) insider plans Rule 144 sale of 342 vested shares
Rhea-AI Filing Summary
NIC Inc. has a planned sale of common stock under Rule 144. The filing indicates up to 342 shares of common stock may be sold through Fidelity Brokerage Services LLC on the NYSE, with an aggregate value of $58,810.32.
The shares relate to restricted stock vesting events on November 14, 2024 (217 shares) and November 20, 2024 (125 shares), both identified as compensation from the issuer.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 342 shares
Aggregate value: $58,810.32
Restricted stock vesting 1: 217 shares
+3 more
6 metrics
Shares to be sold
342 shares
Common stock covered by the Rule 144 notice
Aggregate value
$58,810.32
Indicated total value for the 342 common shares
Restricted stock vesting 1
217 shares
Vesting on November 14, 2024 classified as compensation
Restricted stock vesting 2
125 shares
Vesting on November 20, 2024 classified as compensation
Vesting date 1
11/14/2024
Date of first restricted stock vesting event
Vesting date 2
11/20/2024
Date of second restricted stock vesting event
Key Terms
Rule 144, restricted stock vesting, compensation
3 terms
Rule 144 regulatory
"planned sale of common stock under Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"shares relate to restricted stock vesting events"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
compensation financial
"both identified as compensation from the issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 144 filing by NIC (NIC) disclose?
The filing discloses a planned sale under Rule 144 of up to 342 common shares of NIC Inc., with an indicated aggregate value of $58,810.32, to be sold through Fidelity Brokerage Services LLC on the NYSE.