RRC (NYSE: RRC) files Form 144 to resell 15,000 shares worth $658,500
Rhea-AI Filing Summary
RRC files a Form 144 reporting the proposed sale of $658,500 worth of Common Stock, totaling 15,000 shares, under Rule 144. The filing lists prior acquisitions by Fidelity Brokerage Services LLC on multiple dates and a 5,000-share stock award dated 05/08/2024.
Positive
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Insights
Form 144 notifies the market of an intended Rule 144 resale of 15,000 shares.
The filing lists a proposed sale of 15,000 shares with an aggregate amount shown as $658,500 and indicates transactions by Fidelity Brokerage Services LLC across multiple dates. This is a regulatory resale notice, not a completed sale.
Timing and final execution are governed by Rule 144 conditions; subsequent filings will show completion or settlement details.
Acquisition history includes open-market purchases and a 5,000-share award.
The excerpt documents numerous open-market purchases (dates from 10/19/2015 through 05/17/2019) and a 5,000-share stock award on 05/08/2024, which together provide the provenance of the shares being resold.
Per Rule 144 practice, these entries explain source of holdings; the filing itself does not record an executed sale.