Company (NYSE: RM) investor files Form 144 for small common stock sale
Rhea-AI Filing Summary
RM has a new Form 144 notice from an investor planning a small sale of restricted or control securities under Rule 144. The holder intends to sell 11 shares of RM common stock, with an aggregate market value of $418.44, through J.P. Morgan Securities LLC on or around December 1, 2025 on the NYSE. RM had 9,712,805 common shares outstanding at the time referenced, showing this is a very small transaction compared with the company’s total shares.
The notice also lists recent selling activity by the same fund over the prior three months, including 177 shares sold on November 25, 2025 for gross proceeds of $6,527.76, along with other small sales on November 21, 24, and 26. By signing the form, the seller represents that they are not aware of any material adverse, nonpublic information about RM’s current or future operations.
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FAQ
What does the Form 144 filing related to RM disclose?
The filing shows that an investor has notified the SEC under Rule 144 of an intent to sell a small amount of RM common stock. It details the planned sale, recent prior sales, and includes a representation that the seller is not aware of undisclosed material adverse information about RM.
How many RM shares are planned to be sold in this Form 144?
The investor plans to sell 11 shares of RM common stock with an aggregate market value of $418.44. The sale is expected to occur on or about December 1, 2025 on the NYSE.
Which broker is handling the RM Form 144 sale?
The proposed sale of RM common stock will be handled by J.P. Morgan Securities LLC, located at 270 Park Avenue, New York, NY 10017.
How many RM shares has the seller disposed of in the past three months?
The notice lists several small RM stock sales by the same seller within the past three months, including 177 shares on November 25, 2025 for $6,527.76, 144 shares on November 24, 2025, 84 shares on November 21, 2025, and 11 shares on November 26, 2025.
How does this Form 144 sale compare to RM shares outstanding?
RM had 9,712,805 common shares outstanding as referenced in the notice. The 11 shares covered by the planned Form 144 sale represent only a very small fraction of the total shares outstanding.
What does the seller certify in this RM Form 144?
By signing the notice, the seller certifies that they do not know of any material adverse information about RM’s current or prospective operations that has not been publicly disclosed.