This Form must be filed with the SEC by an affiliate of the issuer as a notice of the proposed sale of securities in reliance on Rule 144, when the amount to be sold under Rule 144 by the affiliate during any three-month period exceeds 5,000 shares or units or has an aggregate sales price in excess of $50,000. A person filing a Form 144 must have a bona fide intention to sell the securities referred to in the Form within a reasonable time after the filing of the Form.
Although the SEC does not require that the Form be sent electronically to the SEC’s EDGAR database, some filers choose to do so. You can learn how to use EDGAR to find the Form.
For more information, please read "Rule 144" in our Fast Answers databank.