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