RM (RM) investor files Rule 144 notice to sell 1,320 shares
Rhea-AI Filing Summary
A shareholder of RM filed a Form 144 notice to sell 1,320 shares of common stock, with an aggregate market value of 48,642, through J.P. Morgan Securities LLC on the NYSE. The filing notes that 9,712,805 shares of common stock are outstanding. The seller originally acquired 28,072 shares on 03/24/2014 in open market purchases and transfers from affiliates, paid in cash.
Over the past three months, the same seller has completed several sales of RM common stock, including 4,963 shares on 11/21/2025 for gross proceeds of 181,348, along with smaller trades on 11/24/2025, 11/25/2025, 11/26/2025, and 12/01/2025. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.
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FAQ
What does RM's latest Form 144 filing disclose?
The Form 144 filing discloses that a shareholder of RM intends to sell 1,320 shares of common stock on the NYSE through J.P. Morgan Securities LLC, with an aggregate market value of 48,642. It also confirms that the seller is not aware of any undisclosed material adverse information about the issuer.
How many RM shares are planned to be sold under this Form 144?
The shareholder plans to sell 1,320 shares of RM common stock, with an indicated aggregate market value of 48,642, using J.P. Morgan Securities LLC as broker and listing the NYSE as the exchange.
How many RM shares are currently outstanding according to the filing?
The Form 144 indicates that there are 9,712,805 shares of RM common stock outstanding, providing a baseline for the issuer’s equity size relative to the planned sale.
When and how did the RM shareholder originally acquire the shares?
The filing states that the seller acquired 28,072 shares of RM common stock on 03/24/2014 via open market purchases and/or transfers from affiliates, with the purchase price paid in cash.
What RM stock sales has this shareholder made in the past three months?
Over the past three months, the shareholder sold RM common stock in multiple transactions, including 4,963 shares on 11/21/2025 for gross proceeds of 181,348, as well as smaller sales such as 832 shares on 11/25/2025, 679 shares on 11/24/2025, and 52 shares on both 11/26/2025 and 12/01/2025.
What certification does the RM shareholder make by signing Form 144?
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 the issuer’s current or prospective operations that has not been publicly disclosed, and is reminded that intentional misstatements or omissions can constitute federal criminal violations.