Issuer (NYSE: RM) holder plans Rule 144 sale of 307 common shares
Rhea-AI Filing Summary
A holder of the issuer’s common stock filed a Rule 144 notice to sell 307 shares, with an aggregate market value of $11,512.50. The planned sale involves Common Stock, par value $0.10, through J.P. Morgan Securities LLC on or about 11/26/2025 on the NYSE. The issuer had 9,712,805 shares of this class outstanding at the time referenced.
The securities to be sold were originally acquired on 03/24/2014 in open market transactions and/or transfers from affiliates for cash, in an amount of 124,269 shares. Over the past three months, Basswood Financial Fund, LP has already sold additional common shares, including 4,926 shares on 11/25/2025 for gross proceeds of $181,670.88, 4,279 shares on 11/24/2025 for $156,226, and 252 shares on 11/21/2025 for $9,208.
Positive
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Negative
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FAQ
How many shares are being sold in this Form 144 related to RM common stock?
The notice covers the proposed sale of 307 shares of Common Stock, par value $0.10, with an aggregate market value of $11,512.50.
Which broker is handling the proposed Rule 144 sale for the RM common stock holder?
The proposed sale of the common stock is to be executed through J.P. Morgan Securities LLC, located at 270 Park Avenue, New York, NY 10017.
When is the RM common stock holder planning to sell the shares under this Form 144?
The approximate date of sale listed for the 307 common shares is 11/26/2025, and the shares are to be sold on the NYSE.
How many RM common shares has Basswood Financial Fund, LP sold in the last three months and for what proceeds?
In the past three months, Basswood Financial Fund, LP sold 4,926 common shares on 11/25/2025 for gross proceeds of $181,670.88, 4,279 shares on 11/24/2025 for $156,226, and 252 shares on 11/21/2025 for $9,208.
How many RM common shares were originally acquired by the selling holder and when?
The selling holder acquired 124,269 common shares on 03/24/2014 through open market purchases and/or transfers from affiliates, with payment described as cash.
How many RM common shares of this class were outstanding at the time referenced in the Form 144?
The filing lists 9,712,805 common shares of this class as outstanding when the notice information was provided.
What representation does the selling holder make about information on the issuer in this Form 144?
The person for whose account the securities are to be sold represents by signing that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.