LMND (LMND) Form 144 details $5.59M planned insider stock sale
Rhea-AI Filing Summary
LMND filed a Form 144 notice for a planned sale of common stock under Rule 144. The notice covers 70,794 shares of common stock to be sold through broker Oppenheimer & Co. Inc. on the NYSE, with an aggregate market value of $5,590,602.18. The filing states that 74,731,027 shares of the issuer’s common stock are outstanding. The securities relate to stock acquired through an employee stock option plan and restricted stock units over several years.
The notice also discloses that Adina Eckstein has sold common shares of the issuer during the prior three months, including 40,000 shares on 11/07/2025 for gross proceeds of $2,920,868.00 and 5,988 shares on 11/17/2025 for gross proceeds of $467,064.00. By signing the notice, the seller represents that they are not aware of any material adverse, nonpublic information about the issuer’s current or prospective operations.
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FAQ
What does the LMND Form 144 filing disclose?
The Form 144 filing discloses a proposed sale of 70,794 shares of LMND common stock to be sold through Oppenheimer & Co. Inc. on the NYSE, with an aggregate market value of $5,590,602.18 at the time of the notice.
What representations does the seller make in the LMND Form 144?
By signing, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, as required under Rule 144.