Form 144
Definition of 'Form 144'A form that must be filed with the SEC when an executive officer, director, or affiliate of a company places an order to sell that company's stock. Also known as Rule 144. |
|
Investopedia explains 'Form 144'There are five basic requirements fill in order to sell under 144:1. The form must be filed properly. 2. Adequate current public information must be available. For example, required reports such as the 10K and 10Q forms must have been filed with the SEC. 3. Volume limitations have to be met. One limitation is the sale must not be greater than 1% of outstanding shares. 4. The transaction must be made by a stockbroker in accordance with certain procedures and rules. 5. If the securities are restricted, then they cannot be sold until one year after the date the affiliate paid the entire purchase price. |
Related Definitions
Articles Of Interest
-
Interpreting Your Broker's Reports
Broker's reports can be confusing, but they don't have to be. Find out what information you need from your broker. -
The Dirt On Delisted Stocks
Listed securities are "the cream of the crop". Find out how a firm can lose that status and why you should be wary. -
Collateralized Debt Obligations: From Boon To Burden
CDOs were to be Wall Street's boon - instead they went bust. Find out what went wrong. -
Policing The Securities Market: An Overview Of The SEC
Find out how this regulatory body protects the rights of investors. -
Financial Regulators: Who They Are And What They Do
Find out how these government agencies govern the financial markets. -
Should You Add A Securities License To Your Qualifications?
Clients love planners who sell securities, but a securities license takes a lot of work. Learn if the stress and study are worth it. -
How To Report A Tax Cheat
If you report a tax evader to the IRS, you could be eligible for a reward. -
GAAP And The IFRS Standards Convergence Efforts In 3 Substantial Areas
Understand the specific steps that have been taken in hopes of converging the GAAP and the IFRS accounting standards, despite the philosophically and culturally based methodological differences ... -
Everything Investors Need To Know About Earnings
We go over the concepts behind the excitement over the most important figure in the stock market. -
Is a dividend reduction a signal to sell?
Although a dividend reduction is generally viewed as a signal to sell, the decision is not as clear-cut as if the dividend were to be eliminated altogether, which would be an unequivocal sell ...
Free Annual Reports