RCMT Insider Notice: 5,000 Shares Listed for Proposed Sale on NASDAQ
Rhea-AI Filing Summary
RCM Technologies (RCMT) files a Form 144 reporting a proposed sale of 5,000 shares of common stock, with an aggregate market value of $137,500, to be sold approximately on 08/26/2025 on NASDAQ. The filing shows the shares were acquired through the company’s Employee Stock Purchase Plan on six dates between 2014 and 2022 and the listed acquisition lot quantities sum to 5,000 shares. No securities of the issuer were reported sold by the filer in the past three months. The notice includes the filer’s representation that they are not aware of undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- Proposed sale of 5,000 shares of common stock for an aggregate market value of $137,500 to be sold around 08/26/2025
Insights
TL;DR: Routine insider notice of proposed sale totaling 5,000 shares valued at $137,500; acquisitions were via ESPP.
The Form 144 documents a proposed disposition rather than an executed sale, listing acquisition lots from the Employee Stock Purchase Plan across 2014–2022 that aggregate to the 5,000 shares to be sold. For investors, this is a standard regulatory disclosure enabling public trading of previously restricted shares. The filing does not disclose any recent sales within the prior three months, nor any plan adoption date under Rule 10b5-1.
TL;DR: Procedural compliance with Rule 144; provides lot-level acquisition detail but no indication of 10b5-1 plan or material nonpublic information.
The notice includes lot-level purchase dates and payment type (cash) for each acquisition, which aids traceability of holding periods required by Rule 144. The filer also signs the standard representation regarding absence of undisclosed material adverse information. The filing contains no statements about trading plans or the filer’s intent beyond the proposed sale date.