roaring21|Form 144 | 美国制商银行(MTB.US)董事拟出售1.62万股股份，价值约239.47万美元

Celebrities 2024年05月07日 06:59 14 editor

According to documents disclosed by the Securities and Exchange Commission (SEC) on May 6th ESTRoaring21, $American Manufacturers Bank (MTBRoaring21Us) $Director WALTERS KIRK W intends to sell 1 on May 6Roaring21.620,000 common sharesRoaring21The total market capitalization is about 2.3947 million US dollars.

In addition, WALTERS KIRK W has reduced a total of 28800 shares in the company since March 13, 2024, with a total value of approximately $4.1825 million.

Photo Source: SEC announcement

roaring21|Form 144 | 美国制商银行(MTB.US)董事拟出售1.62万股股份，价值约239.47万美元

What is Form 144s?

The US Securities Act of 1933 Rule 144stipulates that related parties (major shareholders, executives and board members of listed companies who hold more than 10% of the shares of listed companies) and shareholders who obtain shares from related parties (such stocks are restricted or controlled securities) must follow strict disclosure procedures when selling such shares and must declare Form 144documents to SEC before selling.

Among them, the related party must hold the securities for at least six months, and the number of shares sold shall not exceed 1% of the total number of issued shares. Related parties are required to submit this form to SEC when the number of shares sold during any three-month period exceeds 5000 shares, or when the total market capitalization exceeds US $50, 000.