RM (NYSE: RM) Form 144 details 316-share planned stock sale
Rhea-AI Filing Summary
RM filed a Form 144 notice for a proposed sale of 316 shares of its common stock, par value $0.10, through J.P. Morgan Securities LLC on the NYSE. The filing cites an aggregate market value of 11644.6 for these shares, while 9,712,805 shares of common stock were outstanding.
The seller acquired 6,278 shares of common stock on 03/24/2014 in an open-market and/or affiliate transfer transaction paid in cash. The notice also lists recent sales in the past three months by Basswood Financial Fund, Ltd., including 374 shares sold on 11/21/2025 for 13665 and 234 shares sold on 11/25/2025 for 8629.92.
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FAQ
What does RM's Form 144 filing disclose?
The Form 144 notice discloses a proposed sale of 316 shares of RM common stock, par value $0.10, through J.P. Morgan Securities LLC on the NYSE.
How many RM shares are planned to be sold and what is their market value?
The notice covers 316 shares of RM common stock with an aggregate market value of 11644.6, while 9,712,805 shares were outstanding.
When and how were the RM shares being sold under Form 144 acquired?
The seller acquired 6,278 shares of RM common stock on 03/24/2014 via an open-market and/or transfers from affiliates transaction, with payment made in cash.
Which broker and exchange are listed for the planned RM share sale?
The filing lists J.P. Morgan Securities LLC as broker, with the common stock to be sold on the NYSE.
What past 3‑month RM stock sales are reported in the Form 144 notice?
The notice shows sales by Basswood Financial Fund, Ltd, including 374 shares sold on 11/21/2025 for 13665, 234 shares on 11/25/2025 for 8629.92, and several smaller transactions in November and December 2025.
What representation does the seller make by signing the Form 144 notice for RM?
The seller represents that they do not know any material adverse information about the issuer's current or prospective operations that has not been publicly disclosed.