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Shareholder plans $4.43M sale of 15,000 RNR (RNR) common shares on NYSE

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A shareholder of RNR has filed a notice of proposed sale of 15,000 shares of common stock through broker Merrill Lynch on the NYSE, with an indicated aggregate market value of 4,425,000. The filing lists 127,694 shares outstanding for this class.

The shares to be sold were originally acquired from the issuer as stock bonuses on 03/01/2014, 03/01/2015, and 11/10/2015, in amounts of 8,345, 5,091, and 2,764 shares, respectively, each paid for in cash on the acquisition date.

Positive

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Negative

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Insights

Form 144 discloses a planned sale of 15,000 RNR common shares.

The filing shows a holder of RNR common stock intends to sell 15,000 shares on the NYSE through Merrill Lynch, with an aggregate market value of 4,425,000. The shares were acquired as stock bonuses in 2014 and 2015 and paid for in cash.

A Form 144 is a notice of intent, not confirmation that the sale has occurred. The document also notes 127,694 shares outstanding for this class as context. Overall, this is a routine disclosure of a potential secondary-market sale rather than a change to the company’s underlying business.

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 the latest Form 144 filing disclose for RNR?

The filing shows a holder of RNR common stock plans to sell 15,000 shares on the NYSE through Merrill Lynch, with an indicated aggregate market value of 4,425,000. It is a notice of intended, not completed, sales.

How many RNR shares are planned for sale and on which exchange?

The notice covers a proposed sale of 15,000 RNR common shares. The shares are to be sold through Merrill Lynch on the New York Stock Exchange (NYSE), according to the Form 144 disclosure for this planned transaction.

What is the aggregate market value of the RNR shares in this Form 144?

The Form 144 lists an aggregate market value of 4,425,000 for the 15,000 RNR common shares proposed for sale. This figure reflects the market value used in the filing for the planned NYSE transaction through Merrill Lynch.

When and how were the RNR shares in the Form 144 originally acquired?

The shares were acquired from the issuer as stock bonuses on 03/01/2014, 03/01/2015, and 11/10/2015, in amounts of 8,345, 5,091, and 2,764 shares, respectively. Each acquisition was paid for in cash on the stated date.

How many RNR shares are shown as outstanding in the Form 144 filing?

The Form 144 lists 127,694 shares as the number of shares or other units outstanding for this class of RNR common stock. This figure provides context for the proposed sale of 15,000 shares disclosed in the same filing.

Does the RNR Form 144 indicate any recent sales in the past three months?

The document includes a section for securities sold during the past three months, but in this excerpt no completed sales are detailed. The primary disclosure is the planned sale of 15,000 RNR common shares with an aggregate market value of 4,425,000.