Rule 144

Rule 144

Restricts solicitation of buyers to complete the sell order of an insider (unless the firm is already a buyer); signified by a flashing "E" on Quotron.

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Rule 144

An SEC rule that permits a corporate executive who owns a large amount of his or her firm's stock that has not been bought in the open market to sell a portion of the stock every six months following a holding period of two years without having to file a formal registration statement with the SEC.

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Rule 144

An SEC rule that allows the executive of a publicly-traded company who owns restricted stock to sell some shares without registering them with the SEC. An executive may do this once every six months if he/she has held the shares for at least two years.