[144] Seanergy Maritime Holdings Corp. SEC Filing
Seanergy Maritime Holdings Corp. (SHIP) Form 144 summary: A holder intends to sell 6,000 shares of common stock through Morgan Stanley Smith Barney LLC, with an approximate aggregate market value of $47,894.40 and an indicated approximate sale date of 08/27/2025. The filing reports 20,374,165 shares outstanding. The shares were acquired on 10/24/2023 as restricted stock that vested under a registered plan, with the acquisition described as payment for services rendered. The filer reports no securities sold in the past three months. Several issuer identification fields in the filing are blank or not provided in the submitted content.
- Full transaction detail provided: class, broker, number of shares, aggregate market value, approximate sale date are disclosed
- Acquisition source documented: shares acquired 10/24/2023 through restricted stock vesting under a registered plan as payment for services
- No recent sales: filer reports "Nothing to Report" for securities sold during the past three months
- None.
Insights
TL;DR: Routine insider sale notice for 6,000 shares, acquired as compensation; size appears immaterial to outstanding stock.
The Form 144 discloses a proposed sale of 6,000 common shares valued at $47,894.40, scheduled through Morgan Stanley Smith Barney LLC. The shares were acquired via restricted stock vesting on 10/24/2023 as compensation for services, not a cash purchase. The filing also states no sales in the prior three months. Given the 20,374,165 shares outstanding, this proposed sale represents a negligible percentage of the float, so the direct market impact is likely minimal. Documentation gaps include missing issuer identification fields in the provided content.
TL;DR: Disclosure aligns with Rule 144 requirements: sale details, acquisition source, and broker are provided; some issuer details are omitted in the supplied text.
The notice specifies the class, broker, number of shares, market value, acquisition date and nature (restricted stock vesting under a registered plan) and that payment was for services, which addresses key compliance elements for a Rule 144 notice. The form states no securities sold in the past three months, reducing concerns about aggregated recent insider sales. The filing extract, however, omits several issuer-identifying fields; the completeness of the public filing should be confirmed to ensure full compliance and transparency.