VMI Rule 144 Notice — 670 Shares for Sale via Fidelity, NYSE
Rhea-AI Filing Summary
Form 144 notice for Valmont Industries, Inc. (VMI) reports a proposed sale of 670 shares of common stock through Fidelity Brokerage Services LLC on the NYSE, with an aggregate market value of $251,183.67. The filing lists a total outstanding share count of 19,738,494 and an approximate sale date of 08/25/2025. The 670 shares were acquired in three transactions: 295 shares via stock option exercise paid in cash on 12/02/2022, 22 shares from restricted stock vesting on 12/13/2022 as compensation, and 353 shares via stock option exercise paid in cash on 08/04/2025. The filer reports no securities sold in the past three months and includes the standard representation that they are not aware of undisclosed material adverse information.
Positive
- Filer discloses a proposed sale of 670 common shares with the aggregate market value of $251,183.67
- The filing lists detailed acquisition history for all shares, including dates and nature: stock option exercises and restricted stock vesting
- Transaction is to be executed through a named broker: Fidelity Brokerage Services LLC
- Filer reports no securities sold in the past three months
Negative
- The notice documents a proposed insider sale of shares (670 common shares) which may be viewed as insider selling activity
- Filer-provided contact and filer identification fields in the document appear incomplete or redacted in the provided content
Insights
TL;DR: Routine Rule 144 filing disclosing a proposed insider sale of 670 common shares with full acquisition details.
The filing documents a proposed sale through a registered broker (Fidelity) of 670 common shares valued at $251,183.67, and identifies the exact acquisition dates and methods: two option exercises paid in cash and one restricted stock vesting as compensation. The filer states no sales in the prior three months. This is a standard compliance disclosure under Rule 144; the filing provides clear provenance and sale timing but contains no operational or financial performance data about the issuer.
TL;DR: Proper insider disclosure appears complete, including acquisition method and anti-insider-trading attestation.
The notice includes the required attestation that the filer is unaware of nonpublic material adverse information and lists the broker, share counts, and acquisition details. The filing also indicates the absence of sales in the prior three months, which helps clarify recent insider activity. The document is procedural and focuses on compliance rather than signaling corporate governance changes.