RM shareholder files Rule 144 notice to sell 4,963 common shares
Rhea-AI Filing Summary
RM filed a Form 144 notice covering a planned sale of 4,963 shares of its common stock, par value $0.10 per share. The shares have an indicated aggregate market value of $181,348 and will be sold through J.P. Morgan Securities LLC on the NYSE, with an approximate sale date of 11/21/2025. The filing notes that 9,712,805 shares of this class were outstanding. The seller originally acquired 28,072 shares of common stock on 03/24/2014 via open-market purchases and/or transfers from affiliates, paid in cash. By signing, the seller represents they are not aware of undisclosed material adverse information about the issuer’s current or prospective operations.
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FAQ
What does the RM Form 144 filing report?
The Form 144 for RM reports a planned sale of 4,963 shares of the company’s common stock, subject to Rule 144 conditions.
What assurance does the seller give about RM’s information in this Form 144?
By signing, the seller represents they do not know of any material adverse information about RM’s current or prospective operations that has not been publicly disclosed.
What is the purpose of a Form 144 filing for RM?
Form 144 is a notice of proposed sale of restricted or control securities under SEC Rule 144, giving transparency into the planned sale by the security holder.