RM affiliate files Form 144 noting multiple stock sales
RM — Form 144 notice of proposed resale by an affiliate reporting sales of Common Stock.
Rhea-AI Filing Summary
RM — Form 144 notice of proposed resale by an affiliate reporting sales of Common Stock. The filing lists multiple open-market sales executed by Basswood Capital Management, LLC, including 12/10/2025 sale of 25,514 shares and 11/25/2025 sale of 11,870 shares. The transactions are reported as cash sales on or around the listed dates.
Positive
- None.
Negative
- None.
Insights
Routine affiliate resale filings documented; no new issuer action disclosed.
The Form 144 entries list open-market sales by an affiliate, with specific trades and dates provided. This is a procedural notice required when an affiliate proposes to sell restricted or control securities under applicable rules.
Court/regulatory outcomes are not referenced; subsequent filings may report settlement or additional sales details. Cash‑flow treatment to the issuer is not stated in the excerpt.
FAQ
What does RM's Form 144 filing mean?
Does the Form 144 indicate proceeds go to the issuer (RM)?
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