Insider of RM (NYSE: RM) files Form 144 to sell common stock
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
An affiliate of the issuer filed a notice under Rule 144 to potentially sell 740 shares of common stock with a stated aggregate market value of 27750. The filing notes that there were 9,712,805 shares of this common stock outstanding on the date referenced, giving context for the relative size of the planned sale.
The shares to be sold were originally acquired on 03/24/2014 through open market purchases and/or transfers from affiliates for cash, in an amount of 508,953 shares. Over the past three months, the same selling party reported additional sales of common stock, including 11,870 shares for gross proceeds of 437,765.6, 5,163 shares for 188,501, and 34,810 shares for 1,271,957.
Positive
- None.
Negative
- None.
FAQ
What does this Form 144 filing for RM indicate?
It indicates that an affiliate of the issuer intends to sell 740 shares of common stock under Rule 144, subject to market conditions and applicable requirements.
What RM stock sales has the filer reported over the past three months?
The filer reported selling 11,870 shares for 437,765.6, 5,163 shares for 188,501, and 34,810 shares for 1,271,957 in gross proceeds.