RM (RM) investor files Rule 144 to sell 778 common stock shares
Rhea-AI Filing Summary
Basswood Opportunity Partners, LP filed a Rule 144 notice covering the planned sale of 778 shares of common stock, with an aggregate market value of $29,175. The issuer’s common stock, with a par value of $0.10 and 9,712,805 shares outstanding, is listed on the NYSE and the sale is to be executed through J.P. Morgan Securities LLC. The notice also reports prior sales over the past three months, including 12,477 shares sold on 11/25/2025 for gross proceeds of $460,151.76, 10,840 shares sold on 11/24/2025 for $395,768, and 5,232 shares sold on 11/21/2025 for $191,177.
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FAQ
What Rule 144 transaction did RM report in this filing?
The filing reports a planned sale under Rule 144 of 778 shares of common stock with an aggregate market value of $29,175, to be executed through J.P. Morgan Securities LLC on the NYSE.
Who is selling RM-related shares under this Rule 144 notice?
Basswood Opportunity Partners, LP, located in Greer, South Carolina, is the seller for whose account the common stock is to be sold under this Rule 144 notice.
How many RM common shares are outstanding according to this notice?
The notice states that there are 9,712,805 shares of the issuer’s common stock outstanding.
What RM stock sales occurred in the past 3 months for this seller?
Over the past three months, Basswood Opportunity Partners, LP sold 12,477 shares on 11/25/2025 for $460,151.76, 10,840 shares on 11/24/2025 for $395,768, and 5,232 shares on 11/21/2025 for $191,177.
When were the RM shares being sold under Rule 144 originally acquired?
The common stock referenced in the notice was acquired on 03/24/2014 through open market purchases and/or transfers from an affiliate, with 319,351 shares acquired for cash on that date.
On which exchange will the RM common stock be sold?
The common stock covered by this Rule 144 notice is listed for trading on the NYSE, and the planned sale of 778 shares will be executed on that exchange.