On February 21, 2023, the Commission issued Release No. 33-11159 which amended Regulation S-T to extend the filing deadline for Forms 144 filed electronically from 5:30 p.m. to 10 p.m., Eastern Standard Time or Eastern Daylight Saving Time, whichever is currently in effect, on Commission business days. The release also included technical amendments to enhance the consistency of recently revised provisions related to the filing format of Form 144. The new filing deadline and other amendments are effective on March 20, 2023, and the Form 144 electronic filing requirement will begin on April 13, 2023. The Division encourages reporting persons who do not have EDGAR accounts to apply for access to EDGAR as soon as possible.

In addition, as of April 13, 2023, the Division’s Statement Regarding Requirements for Form 144 Paper Filings in Light of COVID-19 Concerns (June 25, 2020) will no longer be in effect and Forms 144 will no longer be accepted via email. After that time, Forms 144 that relate to the sale of securities of issuers not subject to the reporting requirements of Section 13 or 15(d) of the Exchange Act must be filed in paper.