STOCK TITAN

RC (NYSE: RC) Form 144: Fidelity proposes common-stock sales

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

Rhea-AI Filing Summary

RC disclosed a Form 144 notice identifying proposed sales of Common stock by Fidelity Brokerage Services LLC. The filing lists historical acquisitions by the broker-dealer, including open-market purchases of 1,000 shares on 11/25/2016 and 1,400 shares on 03/19/2020, plus several dividend-reinvestment purchases in 2020–2026. The notice records transaction types (open-market purchases, dividend reinvestment) and specific trade dates; the filing excerpt does not state aggregate sale amounts or proceeds.

Positive

  • None.

Negative

  • None.
Open-market purchase 1,000 shares purchase on 11/25/2016
Open-market purchase 1,400 shares purchase on 03/19/2020
Dividend reinvestment lot 117 shares dividend reinvestment on 04/30/2020
Dividend reinvestment lot 15 shares dividend reinvestment on 04/29/2026
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Dividend reinvestment financial
"Common | 04/30/2020 | Dividend reinvestment"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Open Market Purchase financial
"Common | 11/25/2016 | Open Market Purchase"
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.

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 RC's Form 144 filed by Fidelity mean?

It notifies the SEC of proposed sales of RC common stock by Fidelity Brokerage Services LLC. The filing lists prior acquisition dates and methods and serves as a compliance notice for affiliate-resales.

How many shares are shown in the filing as example purchases?

Examples in the excerpt include 1,000 shares bought on 11/25/2016 and 1,400 shares bought on 03/19/2020. Several smaller dividend-reinvestment lots from 2020–2026 are also listed.

Does the excerpt state the total shares for sale under Rule 144?

No. The provided excerpt lists transaction history and sample lots but does not state an aggregate number of shares offered for resale or total proceeds in the visible text.

Which transaction types are listed in the Form 144 excerpt for RC?

The excerpt explicitly lists Open Market Purchase and Dividend reinvestment as acquisition methods for the Common stock, with corresponding trade dates and lot sizes.

Who is the filer shown in the excerpt for these transactions?

The excerpt identifies Fidelity Brokerage Services LLC at 245 Summer Street, Boston, MA, as the entity associated with the listed Common stock transactions on behalf of the account shown.