Sturm Ruger (RGR) Insider Files Form 144 for 10,000-Share Sale
Rhea-AI Filing Summary
Form 144 notice for Sturm, Ruger & Co., Inc. (RGR) shows a proposed sale of 10,000 common shares through Charles Schwab with an aggregate market value of $400,000. The filer reports the shares were acquired as an Award from the issuer on 05/12/2022 and the proposed approximate sale date is 09/19/2025 on the NYSE. The filing states 16,162,030 shares outstanding for the class and reports no securities sold by the filer in the past three months. The notice includes the required representation that the seller is not aware of undisclosed material adverse information.
Positive
- Full transaction details provided for the proposed sale: class, quantity, broker, aggregate value, exchange, and approximate sale date
- Acquisition basis disclosed (award from issuer on 05/12/2022), which supports Rule 144 eligibility assessment
- No sales in prior three months reported, simplifying aggregation and compliance review
Negative
- Issuer identification fields in the provided excerpt are not populated, limiting independent verification from this content alone
- Filer identity and role (e.g., officer, director, affiliate) are not shown in the excerpt, reducing context for materiality assessment
Insights
TL;DR: Officer/director award of 10,000 shares planned for sale; represents a routine Rule 144 disposition, not a company-level event.
The submission documents a planned Rule 144 sale of 10,000 shares valued at $400,000 executed through Charles Schwab, acquired as an award from the issuer in 2022. With 16.16 million shares outstanding, this block represents about 0.062% of the class, indicating limited potential market impact. The filer reports no other sales in the prior three months, and the notice includes the mandatory representation regarding material non-public information. Because the form discloses transaction mechanics rather than operational results, its direct significance to company financials is minimal.
TL;DR: Routine insider sale filing; compliance with disclosure rules appears satisfied but issuer identity fields are incomplete in the provided excerpt.
The form records a sale under Rule 144 tied to an award from the issuer and includes the customary attestation about material information. This is a routine disclosure used by insiders or affiliates to notify the market of intended sales. The document as provided lacks explicit issuer name and some filer identification fields in the excerpt, which limits verification of signer role and affiliation from this content alone. No indications of unusual governance events are present in the disclosed fields.