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Shareholder plans Nasdaq sale of 4,800 PLBC shares (Nasdaq: PLBC)

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

Rhea-AI Filing Summary

A shareholder of PLBC has filed a notice to sell 4,800 shares of the issuer’s common stock through Charles Schwab Corp. on or around 02/05/2026 on the Nasdaq market. The filing lists an aggregate market value of $252,960.00 for this planned sale and notes that 6,955,514 shares of the issuer’s common stock were outstanding. The shares were acquired on 11/07/2024 via a stock option exercise paid in cash, and this notice is filed under Rule 144 to permit resale of these restricted or control securities.

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 PLBC Form 144 filing disclose about planned share sales?

The Form 144 discloses a planned sale of 4,800 PLBC common shares. A shareholder intends to sell these shares on or about 02/05/2026 on Nasdaq, with an aggregate market value of $252,960.00, as part of a Rule 144 resale of restricted or control securities.

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

The notice states that 6,955,514 PLBC common shares are outstanding. This figure provides context for the planned sale of 4,800 shares under Rule 144, showing the sale represents a small portion of the issuer’s total common stock base at the time of the filing.

How and when were the PLBC shares in this Form 144 acquired?

The 4,800 PLBC shares were acquired on 11/07/2024 through a stock option exercise. The filing specifies that the acquisition was paid in cash and identifies the issuer as the source of the shares, indicating a standard option exercise followed by a planned resale under Rule 144.

Which broker and exchange are involved in the PLBC Form 144 sale?

The planned PLBC share sale will use Charles Schwab Corp. as broker on Nasdaq. The form lists Charles Schwab’s Westlake, Texas address and identifies Nasdaq as the securities exchange where the 4,800 common shares are expected to be sold, subject to Rule 144 conditions.

What price does the PLBC Form 144 imply for the planned share sale?

The Form 144 shows an aggregate market value of $252,960.00 for 4,800 shares. This value, divided by the number of shares, implies the selling shareholder based the notice on a per-share market price used solely for this Rule 144 filing context.

What representation does the seller make in this PLBC Form 144 notice?

The seller represents they know no undisclosed material adverse information about the issuer. By signing, the person states they are unaware of negative information about current or prospective operations that has not been publicly disclosed, consistent with Rule 144 and related securities law requirements.
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