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.

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.

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.
References in periodicals archive ?
On March 14, 2016, the staff of the Securities and Exchange Commission (SEC) issued an interpretative letter providing that a stockholders Rule 144 holding period for shares of common stock of a publicly traded real estate investment trust (REIT) acquired in exchange for privately placed units of the REITs operating partnership (OP Units) commences with the shareholders acquisition of the OP Units, not the later acquisition of the REIT shares.
Two common restrictions placed on the sale of stock acquired through the exercise of nonstatutory options are SEC Rule 144 and Section 16(b) of the Securities Exchange Act of 1934.
Absent a lock-up agreement, the unregistered shares can be sold into the marketplace over a period of time, and the rule which governs their sale is known as Rule 144.
However, the Appeals Committee supported the Rules Committee's assessment that an off-color comment to Daniels favorably comparing Sylmar to San Fernando broke IAC rule 144, which prohibits improper contact with a player from another school.
Rule 144 is the principal safe harbor used by shareholders holding restricted stock in public companies to resell their shares.
Under the Tanner-Frank Foundation's Rule 10b5-1 Plan, the Foundation may sell up to 500,000 shares of currently owned Landec common stock (representing less than 2% of Landec's outstanding stock) subject to Rule 144 requirements and certain market price thresholds set forth in the Plan.
WR or an affiliate of WR has been/will be or may be compensated in Rule 144 stock of the Company for the publication and circulation of these reports.
Snyder, Vice Chairman of FactSet's Board of Directors and a founder of the Company, has sold one million shares of the Company's common stock in a Rule 144 transaction.
Sales made under TPG's Rule 10b5-1 plan will be disclosed publicly through Form 4 filings with the Securities and Exchange Commission and will be effected in accordance with Rule 144 under the Securities Act of 1933, including the volume limitations of Rule 144(e).
The Rule 144 sale was conducted as part of an overall plan by Dr.
Shareholders who did not sell all of their shares pursuant to the Registration Statement may be eligible to resell their shares over the public markets in reliance on Rule 144.
The transactions under the plan announced today will be disclosed publicly through Form 4 filings and will be subject to the restrictions and filing requirements mandated by Rule 144 of the U.