RM (NYSE: RM) insider plans Rule 144 sale of 11 common shares
Rhea-AI Filing Summary
A shareholder of RM has filed a notice of proposed sale under Rule 144 to sell 11 shares of common stock, par value $0.10, through J.P. Morgan Securities on the NYSE. The planned sale has an aggregate market value of 412.5, with 9,712,805 shares of this class reported as outstanding and an approximate sale date of 11/26/2025.
The securities to be sold were originally acquired on 03/24/2014 for cash in open-market and/or affiliate transfer transactions, in an amount of 5,008 shares. Over the past three months, Basswood Financial Long Only Fund, Ltd. has reported additional RM common stock sales of 177, 144, and 84 shares on 11/25/2025, 11/24/2025, and 11/21/2025, respectively, with disclosed gross proceeds for each trade.
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FAQ
What does this Form 144 filing for RM disclose?
The notice discloses a proposed sale under Rule 144 of 11 shares of RM common stock, par value $0.10, to be sold on the NYSE through J.P. Morgan Securities, with an approximate sale date of 11/26/2025.
How many RM shares are being proposed for sale under Rule 144?
The filing covers a proposed sale of 11 shares of RM common stock with an aggregate market value of 412.5.
How many RM common shares are outstanding according to this Form 144?
The Form 144 states that there are 9,712,805 shares of RM common stock outstanding for the class referenced.
What past RM stock sales are reported for the last 3 months?
Basswood Financial Long Only Fund, Ltd. reports RM common stock sales of 177 shares on 11/25/2025, 144 shares on 11/24/2025, and 84 shares on 11/21/2025, each with stated gross proceeds.
When were the RM shares now being sold originally acquired and how?
The RM common stock now subject to sale was acquired on 03/24/2014, in a transaction described as open market and/or transfers from affiliates, for 5,008 shares paid in cash.
On which exchange will the RM shares in this Form 144 be sold?
The Form 144 identifies the NYSE as the securities exchange where the 11 shares of RM common stock are expected to be sold.