According to documents disclosed by the Securities and Exchange Commission (SEC) on May 10th US Eastern time20freespinsaddcardnodeposit, $Pullsmart (PSMT20freespinsaddcardnodepositUs) $Executive HILDEBRANDT JOHN D to be sold on May 10th20freespinsaddcardnodeposit715 common shares20freespinsaddcardnodepositThe total market capitalization is about 146100 US dollars.
In addition, HILDEBRANDT JOHN D has reduced a total of 6505 shares in the company since April 25, 2024, with a total value of approximately $532100.
Photo Source: SEC announcement
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.