STOCK TITAN

Northrim Bancorp (NRIM) plans Rule 144 sale of 4,000 equity award shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Northrim Bancorp, Inc. filed a notice of proposed sale of 4,000 shares of its common stock under Rule 144. The shares relate to equity compensation awards, specifically 1,324 RSUs vested on 11/15/2020 and 2,676 RSUs vested on 11/28/2021. The filing lists an aggregate market value of approximately $106,660 for the planned sale, with a proposed sale date of 07/31/2026.

Positive

  • None.

Negative

  • None.
Shares to be sold 4,000 shares Common stock covered by the Rule 144 notice
Aggregate market value $106,660 Indicated value of the 4,000 shares to be sold
RSUs vested 11/15/2020 1,324 shares Equity compensation RSUs that vested on 11/15/2020
RSUs vested 11/28/2021 2,676 shares Equity compensation RSUs that vested on 11/28/2021
Proposed sale date 07/31/2026 Date indicated for the Rule 144 stock sale
Rule 144 regulatory
"filed a notice of proposed sale of 4,000 shares of its 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.
Equity Compensation financial
"11/15/2020 | Equity Compensation | BANCORP, INC."
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
RSUs Vested financial
"1324 | 11/15/2020 | RSUs Vested COMMON STOCK"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What does Northrim Bancorp (NRIM) disclose in this Rule 144 notice?

Northrim Bancorp discloses a planned sale of 4,000 shares of common stock under Rule 144, tied to vested RSU equity compensation awards with an indicated value of about $106,660.

How many Northrim Bancorp (NRIM) shares are planned to be sold?

The notice covers a proposed sale of 4,000 shares of Northrim Bancorp common stock. These shares come from previously granted and vested restricted stock units awarded as equity compensation.

What is the approximate value of the NRIM shares covered by this filing?

The filing lists an aggregate market value of about $106,660 for the 4,000 shares of Northrim Bancorp common stock subject to the planned Rule 144 sale.

When were the Northrim Bancorp (NRIM) RSUs that underpin this sale vested?

The planned sale relates to RSUs that vested on 11/15/2020 (1,324 shares) and 11/28/2021 (2,676 shares). Together, these vested awards total the 4,000 shares covered.

What proposed timing is given for the NRIM stock sale under Rule 144?

The notice specifies a proposed sale date of 07/31/2026 for the 4,000 shares of Northrim Bancorp common stock to be sold pursuant to Rule 144.

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