UFCS (NASDAQ: UFCS) trust files Form 144 to sell 409,000 shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
UFCS reports a Form 144 notice for proposed sale of 409,000 shares of UFCS Common Stock by the Mildred Reynolds McIntyre Revocable Trust, attributed to a testamentary gift dated 12/21/2007. The trust lists an acquisition date of 10/09/1992.
Positive
- None.
Negative
- None.
FAQ
What does UFCS Form 144 filing disclose?
It discloses a proposed sale of 409,000 shares by the Mildred Reynolds McIntyre Revocable Trust. The filing cites a testamentary gift dated 12/21/2007 and an acquisition date of 10/09/1992 for the shares.
Who is the seller named in the UFCS Form 144?
The seller is the Mildred Reynolds McIntyre Revocable Trust, which holds the shares via a testamentary gift. The filing attributes the holdings to that trust and lists related dates including the gift date 12/21/2007 and acquisition date 10/09/1992.
Does the Form 144 indicate how proceeds will be used?
The excerpt does not state proceeds usage or sale timing. The filing lists the trust, share count, and dates but does not include details on planned sale method, timing, or recipients of proceeds in the provided excerpt.