PHM insider sale notice: 814 vested shares to be sold on NYSE
Rhea-AI Filing Summary
PulteGroup, Inc. (PHM) notice files a proposed sale of 814 common shares through Fidelity Brokerage Services, with an aggregate market value of $104,170.02. The shares represent restricted stock that vested and were acquired on 02/03/2024 as compensation from the issuer. The filing lists approximately 197,297,574 shares outstanding and indicates an approximate sale date of 08/14/2025 on the NYSE. No securities were reported sold by the same person in the past three months. The filer represents they do not possess undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
Insights
Routine insider sale of vested restricted shares; size is immaterial to capital structure.
The filing documents a planned sale of 814 vested shares valued at $104,170.02. Relative to the reported 197,297,574 shares outstanding, the shares represent approximately 0.00041% of outstanding common stock, which is immaterial to overall capitalization. The acquisition method is stated as restricted stock vesting and payment was compensation, indicating this is distribution of earned equity rather than a cash purchase. No sales in the prior three months are reported, suggesting this is not part of a frequent trading pattern disclosed here. Overall impact to shareholders or share supply is negligible.
Disclosure aligns with Rule 144 requirements; filing contains standard representations and broker details.
The form includes the broker (Fidelity Brokerage Services LLC) and the required certification that the seller lacks undisclosed material information. The source of the shares—restricted stock vesting on 02/03/2024 as compensation—is explicitly disclosed, which supports transparency about insider-derived shares entering the market. The absence of recent sales by the same person is noted. The filing appears complete for a Rule 144 notice, with no governance red flags evident from the provided content.