STOCK TITAN

Insider of RM (NYSE: RM) files Form 144 to sell common stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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.

How many RM shares are proposed for sale in this Form 144?

The notice covers a proposed sale of 740 shares of common stock, with a stated aggregate market value of 27750.

How many shares of RM common stock were outstanding according to the notice?

The notice states that there were 9,712,805 shares of common stock outstanding, providing context for the size of the planned sale.

When and how were the RM shares being sold under Rule 144 originally acquired?

They were acquired on 03/24/2014 through open market transactions and/or transfers from affiliates, for cash, in an amount of 508,953 shares.

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.

Which broker and exchange are involved in this planned RM share sale?

The notice lists J.P. Morgan Securities LLC as broker and identifies the NYSE as the securities exchange for the common stock.
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