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Vivmark ex-officer plans $474K sale of 7,263 shares

VIVMARK RESIDENTIAL (VMRK) received a Rule 144 notice indicating that former officer Bret D. McLeod plans to sell 7,263 shares of common stock.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

VIVMARK RESIDENTIAL (VMRK) received a Rule 144 notice indicating that former officer Bret D. McLeod plans to sell 7,263 shares of common stock. These shares arise from restricted stock vesting dated August 31, 2026, and part of the sale will cover related tax obligations from the vested equity award.

The notice also lists prior sales by Bret D. McLeod in the last three months: 11,661 shares of common stock on August 26, 2026 for $787,392.70, and 14,743 shares on August 27, 2026 for $974,527.32. Fidelity Brokerage Services LLC signed the notice as attorney-in-fact.

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Shares to be sold 7,263 shares of common stock Planned sale under Rule 144 by former officer Bret D. McLeod
Prior sale on August 26, 2026 11,661 shares for $787,392.70 Common stock sold during the past three months
Prior sale on August 27, 2026 14,743 shares for $974,527.32 Common stock sold during the past three months
Shares underlying vesting 7,263 shares Restricted Stock Vesting on August 31, 2026, classified as Compensation
Approximate market value line $474,095.23 Figure listed in the securities information section for 7,263 shares
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 08/31/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Bret D. Mcleod."
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
Compensation financial
"7263 | 08/31/2026 | Compensation"

FAQ

What does the Form 144 filing for VMRK disclose about upcoming stock sales?

It discloses that former officer Bret D. McLeod intends to sell 7,263 shares of VIVMARK RESIDENTIAL common stock under Rule 144. The shares come from restricted stock vesting dated August 31, 2026, and part of the sale covers a tax obligation from that equity award.

Who is selling VIVMARK RESIDENTIAL (VMRK) shares under this Form 144?

The notice lists Bret D. McLeod, a former officer of VIVMARK RESIDENTIAL, as the person for whose account the 7,263 common shares are to be sold. Fidelity Brokerage Services LLC acts as the broker and attorney-in-fact signing on his behalf.

How many VMRK shares has Bret D. McLeod sold in the past three months?

The filing reports two prior sales of VIVMARK RESIDENTIAL common stock: 11,661 shares sold on August 26, 2026 for $787,392.70, and 14,743 shares sold on August 27, 2026 for $974,527.32. These are disclosed as sales during the past three months.

What is the source of the VMRK shares being sold under Rule 144?

The 7,263 shares of VIVMARK RESIDENTIAL common stock to be sold are tied to restricted stock vesting on August 31, 2026. The filing describes the transaction type as “Restricted Stock Vesting” with the nature of acquisition listed as “Compensation.”

Why does the VMRK Form 144 mention taxes in connection with the sale?

In the remarks, the filer states that the sale includes an amount necessary to cover a tax obligation arising from the settlement of a vested equity award distribution. This links a portion of the planned sale of 7,263 shares to paying taxes on that award.

Who signed the VMRK Form 144 and in what capacity?

The notice is signed by Joshua Schmitt as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Bret D. McLeod. This indicates the brokerage is authorized to execute the filing on McLeod’s behalf.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

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