Bank of N.T. Butterfield & Son (NYSE: NTB) sees $1.04M share sale planned
Rhea-AI Filing Summary
Bank of N.T. Butterfield & Son Ltd (NTB) received a notice of proposed sale of restricted securities under Rule 144. Jane Pearce plans to sell up to 16,368 ordinary shares through Citigroup Global Markets, Inc., with an indicated aggregate market value of $1,040,000.00, based on 39,300,000 shares outstanding, on or after August 18, 2026.
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Negative
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Key Figures
Shares proposed to be sold: 16,368 shares
Aggregate market value of shares: $1,040,000.00
Shares outstanding: 39,300,000 shares
+1 more
4 metrics
Shares proposed to be sold
16,368 shares
Ordinary shares of Bank of N.T. Butterfield & Son Ltd under Rule 144
Aggregate market value of shares
$1,040,000.00
Value of 16,368 ordinary shares proposed for sale
Shares outstanding
39,300,000 shares
Ordinary shares of Bank of N.T. Butterfield & Son Ltd outstanding
Proposed sale date
08/18/2026
Date associated with the proposed Rule 144 sale
Key Terms
Rule 144, Restricted Vesting, Services Rendered, Ordinary Shares
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of 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 Vesting financial
"Ordinary Shares | 08/18/2026 | Restricted Vesting | Bank of N.T."
Services Rendered financial
"16368 | 08/18/2026 | Services Rendered"
FAQ
What does the Form 144 filing mean for Bank of N.T. Butterfield & Son Ltd (NTB)?
The Form 144 indicates that Jane Pearce plans to sell up to 16,368 NTB ordinary shares under Rule 144. This is a notice of a potential future sale of restricted or control securities, not a confirmation that the sale has already occurred.
AI-generated analysis. How Rhea-AI works. Not financial advice.