RM shareholder files Form 144/A to sell common stock on NYSE
Rhea-AI Filing Summary
A shareholder of RM has filed a Form 144/A notice to potentially sell up to 34,810 shares of common stock, par value $0.10. The proposed sale, through J.P. Morgan Securities LLC on the NYSE, has an aggregate market value of $1,271,957, based on recent prices, and is targeted around 11/21/2025. The filing notes that 9,712,805 shares of this class of stock were outstanding. The seller originally acquired 226,725 shares of common stock on 03/24/2014 in open-market transactions and/or transfers from affiliates, paid in cash. The form also affirms that the seller does not know of any undisclosed material adverse information about the issuer’s current or future operations.
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FAQ
What does RM's Form 144/A filing disclose about planned share sales?
The Form 144/A shows that a shareholder of RM may sell up to 34,810 shares of common stock, with an aggregate market value of $1,271,957, on or around 11/21/2025.
How many RM shares are outstanding according to this Form 144/A?
The notice states that 9,712,805 shares of RM common stock were outstanding for the class of securities referenced in the filing.
Who is the broker for the planned RM share sale under this Form 144/A?
The filing lists J.P. Morgan Securities LLC, located at 383 Madison Avenue, New York, NY 10179, as the broker for the potential sale on the NYSE.
When and how were the RM shares being sold under Form 144/A originally acquired?
The filing reports that 226,725 shares of RM common stock were acquired on 03/24/2014 through open market and/or transfers from affiliates, with payment made in cash.
Does the RM Form 144/A filing say anything about undisclosed adverse information?
Yes. By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about RM’s current or prospective operations that has not been publicly disclosed.
Which class of RM securities is covered by this Form 144/A?
The notice covers Common Stock, par value $0.10, identified as the class of securities to be sold.