Message: Where are the SEC filing for Polis' et. al. sales???
Polis would have needed to file a Form 144 to sell his stock.
Form 144
This Form must be filed with the SEC as notice of the proposed sale of restricted securities or securities held by an affiliate of the issuer in reliance on Rule 144. Notice on the Form is only required when the amount to be sold during any three-month period exceeds 500 shares or units or has an aggregate sales price in excess of $10,000. The sale must take place within three months of filing the Form and, if the securities have not been sold, an amended notice must be filed.
Could Jerry and his wife just moved the shares to another benefactor versus a sale? I found this:
|
||||||||
|
Financial Dictionary
Schedule 13G (SEC13/A is an amendment)
An SEC form similar to the Schedule 13D used to report a party's ownership of stock that is over 5% of the company. Schedule 13G is shorter and requires less information from the filing party. Ownership of over 5% in a publicly-traded stock is considered to be significant ownership, and therefore must be reported to the public.
New Message
Please
login
to post a reply