Shareholder in RELL (NASDAQ: RELL) plans sale of 5,000 common shares
Rhea-AI Filing Summary
A shareholder of RELL has filed to potentially sell up to 5,000 shares of common stock through Fidelity Brokerage Services LLC on the NASDAQ, with an indicated value of $91,900.00, by July 28, 2026. The disclosure also lists prior open market purchases of 2,500 common shares on January 29, 2024 and 2,500 common shares on April 22, 2024, both settled in cash/check.
Positive
- None.
Negative
- None.
Key Figures
Shares proposed for sale: 5,000 shares
Indicated value of shares: $91,900.00
Proposed sale deadline: 07/28/2026
+2 more
5 metrics
Shares proposed for sale
5,000 shares
Common stock to be sold through Fidelity on NASDAQ
Indicated value of shares
$91,900.00
Value associated with proposed sale of 5,000 common shares
Proposed sale deadline
07/28/2026
Date associated with the proposed NASDAQ sale
Past purchase 1
2,500 shares
Open market purchase on 01/29/2024, Cash/Check
Past purchase 2
2,500 shares
Open market purchase on 04/22/2024, Cash/Check
Key Terms
OPEN MARKET PURCHASE, Cash/Check
2 terms
OPEN MARKET PURCHASE market
"Common | 04/22/2024 | OPEN MARKET PURCHASE | MARKET"
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.
Cash/Check financial
"2500 | 01/29/2024 | Cash/Check"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What planned stock sale does the Form 144 for RELL disclose?
The notice discloses a plan to sell up to 5,000 common shares of RELL, valued at $91,900.00, through Fidelity Brokerage Services LLC on the NASDAQ by July 28, 2026.