RM (RM) holder reports planned Rule 144 sale of common stock
Rhea-AI Filing Summary
A shareholder of RM filed a Rule 144 notice covering planned sales of a small amount of the company’s common stock. The notice lists 14 shares of common stock, par value $0.10, to be sold through J.P. Morgan Securities LLC, with an aggregate market value of 525, when there are 9,712,805 shares outstanding. The proposed sale date is 11/26/2025 on the NYSE.
The securities to be sold were originally acquired as common stock on 03/24/2014 via open market purchases and/or transfers from affiliates, with 6,278 shares acquired for cash on that date. Over the prior three months, the same fund sold additional blocks of RM common stock: 234 shares on 11/25/2025 for proceeds of 8,629.92, 203 shares on 11/24/2025 for 7,411, and 374 shares on 11/21/2025 for 13,665.
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FAQ
What does this Form 144 filing for RM common stock disclose?
The filing discloses that a shareholder has given notice under Rule 144 of an intended sale of 14 shares of RM common stock, par value $0.10, through J.P. Morgan Securities LLC on or about 11/26/2025 on the NYSE.
How many RM shares are planned to be sold under this Rule 144 notice?
The notice covers the proposed sale of 14 shares of RM common stock with an aggregate market value of 525.
How many RM shares are outstanding compared to the amount in this sale?
The table states there are 9,712,805 shares outstanding of RM common stock. The planned Rule 144 sale involves 14 shares, which is a very small portion of this outstanding amount.
When and how were the RM shares being sold originally acquired?
The securities to be sold are common stock acquired on 03/24/2014 through open market and/or transfers from affiliates. On that date, 6,278 shares were acquired for cash.
What RM stock sales has the shareholder made in the past three months?
The filing lists prior sales by the fund of RM common stock: 234 shares on 11/25/2025 for 8,629.92, 203 shares on 11/24/2025 for 7,411, and 374 shares on 11/21/2025 for 13,665.
Who is the selling holder in this RM Form 144 filing?
The table of recent sales identifies the seller as Basswood Financial Fund, Ltd, with an address at 979 Batesville Road, Suite B, Greer, SC 29651.
What representation does the seller make about RM’s information in this notice?
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.