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RM Form 144: Basswood fund to sell common stock on NYSE

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

RM has a shareholder filing a Form 144 notice to sell up to 4,926 shares of common stock through J.P. Morgan Securities on the NYSE, with an aggregate market value of $181,670.88. The filing states that 9,712,805 shares of common stock are outstanding. The seller acquired 124,269 shares of common stock on 03/24/2014 in open market transactions and transfers from affiliates, paid in cash.

Over the past three months, Basswood Financial Fund, LP has already sold 4,279 shares of RM common stock on 11/24/2025 for gross proceeds of $156,226. The person signing the notice represents that they are not aware of undisclosed material adverse information about RM’s current or prospective operations.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the RM Form 144 filing disclose?

The Form 144 filing for RM discloses that a shareholder intends to sell up to 4,926 shares of RM common stock on the NYSE through J.P. Morgan Securities LLC, with an aggregate market value of $181,670.88.

How many RM shares are being proposed for sale and what is their value?

The notice covers up to 4,926 shares of RM common stock with an aggregate market value of $181,670.88 as stated in the filing.

How many RM shares are currently outstanding according to this filing?

The filing reports that there are 9,712,805 shares of RM common stock outstanding.

What prior RM stock sales by the same seller are disclosed?

Over the past three months, Basswood Financial Fund, LP sold 4,279 shares of RM common stock on 11/24/2025, generating gross proceeds of $156,226.

When and how did the seller acquire the RM shares referenced in the Form 144?

The seller acquired 124,269 shares of RM common stock on 03/24/2014 through open market transactions and/or transfers from affiliates, with the purchase price paid in cash.

Does the RM Form 144 filer make any representation about non-public information?

Yes. By signing the notice, the person for whose account the securities are to be sold represents that they do not know of any material adverse information about RM’s current or prospective operations that has not been publicly disclosed.

On which exchange are the RM shares in this Form 144 expected to be sold?

The filing indicates that the RM common stock covered by the notice is expected to be sold on the NYSE.

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