Form 144

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Form 144

A form that an executive of a publicly-traded company must file with the SEC to demonstrate compliance with Rule 144. That is an SEC rule allowing executives who owns restricted stock in their own company 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. Filing Form 144 ensures that the executive has complied with the terms of the rule.
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figure By WAIKWA MAINA figure By ANITA CHEPKOECH Two secondary schools in Nyandarua and Kericho counties are counting losses after dormitory fires on Saturday.At Karima Girls High School in Nyandarua, about 144 Form Four students were forced to spend the night in the cold after a 9.