Form 144

{
  "id": "MLC-T-FIN-000167",
  "term": "Form 144",
  "field": "Finance and investing",
  "definition": "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.\n\nBeginning April 13, 2023, all Forms reporting the sale of securities of reporting companies must be filed electronically on the SEC’s EDGAR database.\n\nYou can learn how to use EDGAR to find a Form 144 filing.",
  "references": [
    "SEC Investor.gov Glossary"
  ],
  "url": "https://mlchart.com/terminology/finance/form-144/"
}