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Planned sale of 3,000 RM shares disclosed in Rule 144 filing

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

Rhea-AI Filing Summary

RM filed a notice of proposed sale under Rule 144 for 3,000 shares of common stock. The shares are planned to be sold on the NYSE around 02/13/2026 through Morgan Stanley Smith Barney LLC Executive Financial Services.

The filing cites an aggregate market value of $103,110.00 for the shares to be sold, compared with 9,712,805 shares outstanding. The seller originally acquired these 3,000 shares as restricted stock units from the issuer on 12/31/2021, with no additional cash consideration noted. The signer represents they are not aware of undisclosed material adverse information about RM.

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 RM's Form 144 filing disclose?

RM's filing discloses a planned sale of 3,000 common shares. The shares have an aggregate market value of $103,110.00 and will be sold on the NYSE through Morgan Stanley Smith Barney LLC Executive Financial Services under Rule 144.

How many RM shares are being proposed for sale under Rule 144?

The notice covers 3,000 shares of RM common stock. These shares were previously acquired as restricted stock units from the issuer and are now proposed to be sold on the NYSE, with an indicated aggregate market value of $103,110.00.

When were the RM shares to be sold under Form 144 originally acquired?

The 3,000 RM common shares were acquired on 12/31/2021. They were received as restricted stock units from the issuer, with the same date listed for both acquisition and payment, and the nature of payment recorded as N/A.

What is the aggregate market value of RM shares in this Form 144?

The aggregate market value of the 3,000 RM shares is $103,110.00. This value is reported in the securities information section alongside the number of shares outstanding, which totals 9,712,805 common shares.

On which exchange and through which broker will the RM shares be sold?

The proposed sale is to take place on the NYSE. The broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, handling the 3,000-share transaction.

What assurance does the seller provide in RM's Form 144 notice?

The seller represents they know no undisclosed material adverse information. Specifically, they state they are unaware of material adverse information about RM’s current or prospective operations that has not already been publicly disclosed.
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