Rule 144: EverArc Founders distributes PRM shares (PRM)

Rhea-AI Filing Summary

PRM notice: a Rule 144 filing relates to a proposed sale of Common Stock connected to a pro‑rata distribution by EverArc Founders, LLC to its members on 06/20/2025. The filing references J.P. Morgan Securities LLC and lists trading on the NYSE.

Insights

Securities Compliance Counsel

Routine Rule 144 notice covering a distribution by an affiliate.

This filing documents a proposed sale of Common Stock under Rule 144 tied to a pro‑rata distribution from EverArc Founders, LLC on 06/20/2025. It lists J.P. Morgan Securities LLC and the NYSE as the market context.

The filing is procedural: it notifies of an intended resale mechanism rather than announcing operational results. Subsequent transfer or sale activity will depend on the distributing members and any Rule 144 conditions.

Key Figures

Distribution date: 06/20/2025 Filing reference date: 06/12/2026 Document reference number: 78569

3 metrics

Distribution date 06/20/2025 Pro‑rata distribution from EverArc Founders, LLC to its members

Filing reference date 06/12/2026 Date listed in the excerpt

Document reference number 78569 Numeric reference appearing in the filing excerpt

Key Terms

Rule 144, Pro‑rata distribution, Common Stock

3 terms

Rule 144 regulatory

"Common Stock | J.P. Morgan Securities LLC 270 Park Avenue"

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.

Pro‑rata distribution financial

"Pro-rata distribution from EverArc Founders, LLC to its members"

A pro‑rata distribution is a way of dividing money, shares, or other assets among stakeholders so each person gets a portion that matches their ownership percentage or claim. For investors it ensures fairness: if you own 10% you receive roughly 10% of the payout, like slicing a pie so everyone gets a piece proportional to how much of the pie they bought, which preserves relative ownership and affects expected returns and dilution.

Common Stock financial

"Securities To Be Sold Common Stock | 06/20/2025"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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

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Available on EDGAR 06/12/2026 - 05:22 PM Accepted by SEC EDGAR 06/12/2026 - 05:21 PM Learn about SEC filing dates

FAQ

What does the PRM Rule 144 filing describe?

It describes a proposed resale of Common Stock tied to a pro‑rata distribution by EverArc Founders, LLC on 06/20/2025. The filing lists J.P. Morgan Securities LLC and indicates the shares trade on the NYSE.

Who is distributing shares in the PRM filing?

The distribution is by EverArc Founders, LLC to its members as a pro‑rata distribution on 06/20/2025. The filing frames the event as a distribution rather than a company-initiated primary offering.

Does the filing state how the shares will be sold?

The filing notes the involvement of J.P. Morgan Securities LLC but does not provide detailed sale mechanics in the excerpt. It identifies the security as Common Stock trading on the NYSE.

Is this PRM filing an issuer offering or a resale by holders?

This is a resale-related notice tied to a pro‑rata distribution from EverArc Founders, LLC, indicating the action is by existing holders rather than a primary issuance by the company.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	J.P. Morgan Securities LLC 270 Park Avenue, 10th Floor New York NY 10017	78569	2753843	163127063	06/12/2026	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	06/20/2025	Pro-rata distribution from EverArc Founders, LLC to its members	EverArc Founders, LLC			78569	06/20/2025	Pro-rata distribution

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)