Form 144

AAA

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 TERMS
  1. 10-K

    A comprehensive summary report of a company's performance that ...
  2. SEC Form 10-Q

    A comprehensive report of a company's performance that must be ...
  3. Affiliated Person

    An individual who is in a position to influence the actions of ...
  4. Board Of Directors - B Of D

    A group of individuals that are elected as, or elected to act ...
  5. Securities And Exchange Commission ...

    A government commission created by Congress to regulate the securities ...
  6. Licensed For Reinsurance Only

    A license that allows a company to engage in services related ...
Related Articles
  1. The Dirt On Delisted Stocks
    Investing Basics

    The Dirt On Delisted Stocks

  2. Interpreting Your Broker's Reports
    Bonds & Fixed Income

    Interpreting Your Broker's Reports

  3. Collateralized Debt Obligations: From ...
    Retirement

    Collateralized Debt Obligations: From ...

  4. Policing The Securities Market: An Overview ...
    Investing Basics

    Policing The Securities Market: An Overview ...

Hot Definitions
  1. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  2. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  3. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  4. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  5. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  6. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
Trading Center