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Vivmark ex-officer plans $321K sale of 4,919 shares

VIVMARK RESIDENTIAL (VMRK) received a Form 144 notice indicating that former officer Robert A. Garechana intends to sell 4,919 shares of its common stock through Fidelity Brokerage Services LLC on the NYSE.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

VIVMARK RESIDENTIAL (VMRK) received a Form 144 notice indicating that former officer Robert A. Garechana intends to sell 4,919 shares of its common stock through Fidelity Brokerage Services LLC on the NYSE. The proposed aggregate sale price is $321,089.70, and the shares relate to restricted stock vesting on August 31, 2026. The filing notes that the sale includes shares to cover a tax obligation tied to the settlement of a vested equity award. It also reports that in the prior three months, Garechana sold 6,000 shares of common stock for $390,000.00.

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Shares proposed to be sold 4,919 shares Common stock under Form 144 notice for VIVMARK RESIDENTIAL
Proposed aggregate sale price $321,089.70 Planned sale of 4,919 VIVMARK RESIDENTIAL common shares
CUSIP 374944409 Identifier for VIVMARK RESIDENTIAL common stock listed in the filing
Shares sold in past 3 months 6,000 shares Common stock sold by Robert A. Garechana on August 18, 2026
Aggregate proceeds from prior sale $390,000.00 Sale of 6,000 VIVMARK RESIDENTIAL shares on August 18, 2026
Date of Notice 09/01/2026 Filing date of the Form 144 notice
Acquisition date of shares 08/31/2026 Restricted stock vesting date for the 4,919 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 Robert A. Garechana"
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.
Form 144 regulatory
"144: Securities Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

FAQ

What does the Form 144 filing by VMRK’s former officer disclose?

It discloses that former officer Robert A. Garechana plans to sell 4,919 shares of VIVMARK RESIDENTIAL common stock for an aggregate $321,089.70, with shares stemming from restricted stock vesting on August 31, 2026. Some shares will cover a related tax obligation.

How many VIVMARK RESIDENTIAL (VMRK) shares are planned for sale under this Form 144?

The notice covers a proposed sale of 4,919 shares of VIVMARK RESIDENTIAL common stock through Fidelity Brokerage Services LLC, listed for trading on the NYSE.

What is the proposed dollar amount of VMRK shares to be sold?

The proposed aggregate sale amount is $321,089.70 for the 4,919 shares of VIVMARK RESIDENTIAL common stock covered by the Form 144 notice.

How were the VMRK shares in this Form 144 acquired?

The 4,919 shares to be sold were acquired through Restricted Stock Vesting from the issuer, VIVMARK RESIDENTIAL, with an acquisition date of August 31, 2026 and classified as Compensation.

What prior VMRK share sales by Robert A. Garechana are disclosed?

During the past three months, Robert A. Garechana sold 6,000 shares of VIVMARK RESIDENTIAL common stock on August 18, 2026 for an aggregate amount of $390,000.00.

Why does the Form 144 mention taxes for the VMRK share sale?

The filing states the sale includes an amount necessary to cover a tax obligation that arose from the settlement of a vested equity award distribution related to VIVMARK RESIDENTIAL shares.

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