TPB (TPB) holder plans Rule 144 sale of 140,140 shares on NYSE
Rhea-AI Filing Summary
A holder of TPB common stock has filed a notice of proposed sale under Rule 144. The filing covers the potential sale of 140,140 shares of common stock through J.P. Morgan Securities LLC on the NYSE, with an indicated aggregate market value of $14,131,717 and with 19,070,757 shares outstanding for the issuer. The shares to be sold were originally acquired from the issuer as compensation in multiple grants between 2016 and 2025.
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FAQ
What does TPB's latest Form 144 filing disclose?
The Form 144 filing discloses a proposed sale of 140,140 shares of TPB common stock on the NYSE through J.P. Morgan Securities LLC, with an aggregate market value of $14,131,717.
How many TPB shares are outstanding according to this Form 144?
The notice states that the issuer has 19,070,757 shares of common stock outstanding. This figure provides context for the size of the proposed 140,140-share sale.
How were the TPB shares in this Form 144 originally acquired?
The shares listed for potential sale were acquired from the issuer as compensation in multiple transactions between 2016 and 2025, with each line item showing grant dates, amounts, and that the issuer was the source.
Which broker is handling the potential TPB share sale under Rule 144?
The filing identifies J.P. Morgan Securities LLC, located at 270 Park Avenue, 10th Floor, New York, NY 10017, as the broker for the proposed 140,140-share sale of TPB common stock on the NYSE.
When is the approximate date of sale for the TPB shares in this Form 144?
The notice lists an approximate sale date of 12/08/2025 for the proposed sale of 140,140 shares of TPB common stock on the NYSE.
What representation does the selling person make in TPB's Form 144 notice?
The person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.