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Sterling Infrastructure (NASDAQ: STRL) insider plans sale of 2,000 shares

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

Rhea-AI Filing Summary

Sterling Infrastructure, Inc. filed a Form 144 notice for a proposed sale of common stock. The filing covers 2,000 shares of common stock to be sold through Fidelity Brokerage Services LLC on NASDAQ, with an aggregate market value of $790,000.00. The filing notes that 30,719,373 shares of the issuer’s securities were outstanding.

The 2,000 shares were acquired on 05/03/2024 through restricted stock vesting from the issuer as compensation, with the same date shown for payment. The notice includes the standard representation that the seller does not know of any undisclosed material adverse information about the issuer’s current or prospective operations.

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 the STRL Form 144 filing disclose about planned share sales?

The Form 144 filing discloses a proposed sale of 2,000 common shares of Sterling Infrastructure, Inc. stock. These shares are planned to be sold on the NASDAQ through Fidelity Brokerage Services LLC, with an aggregate market value of $790,000.00.

How were the STRL shares in this Form 144 acquired?

The 2,000 STRL common shares were acquired on 05/03/2024 via restricted stock vesting from the issuer. The filing states the shares were received as compensation, with the payment date matching the acquisition date, indicating a non-cash compensation grant.

What does the Form 144 say about Sterling Infrastructure’s shares outstanding?

The Form 144 notes that 30,719,373 shares of Sterling Infrastructure, Inc. common stock were outstanding. This provides context for the proposed 2,000-share sale, showing the overall size of the company’s equity base referenced in the notice.

Which broker and exchange are involved in the STRL Form 144 sale?

The proposed sale of 2,000 STRL common shares will be executed through Fidelity Brokerage Services LLC. The Form 144 specifies that the shares are to be sold on the NASDAQ stock market, with an approximate sale date of 02/06/2026.

What representations does the seller make in the STRL Form 144 filing?

The seller represents that they do not know any material adverse information about Sterling Infrastructure, Inc.’s current or prospective operations that has not been publicly disclosed. This is a standard representation included when submitting a Form 144 notice.

Is the STRL Form 144 connected to a Rule 10b5-1 trading plan?

The Form 144 includes a field for the Date of Plan Adoption or Giving of Instruction if relying on Rule 10b5-1. In the provided content, no specific date is shown, and the filing does not indicate a particular plan adoption date.
Sterling Infra

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Engineering & Construction
Heavy Construction Other Than Bldg Const - Contractors
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United States
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