Regional Management (RM) Rule 144 filing shows 5,163-share sale
Rhea-AI Filing Summary
Regional Management Corp. (RM) insider plans sale under Rule 144. A holder filed a notice to sell 5,163 shares of RM common stock through J.P. Morgan Securities LLC on the NYSE, with an aggregate market value of $188,501. The filing notes that 9,712,805 shares of common stock are outstanding.
The seller originally acquired 226,725 shares of common stock on March 24, 2014 via open-market purchases and/or transfers from affiliates, paid in cash. Over the past three months, Basswood Capital Management, LLC sold 34,810 RM common shares for gross proceeds of $1,271,957. The signer represents that they are not aware of undisclosed material adverse information about RM.
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