RIG (RIG) insider files Form 144 to sell 35,000 common shares
Rhea-AI Filing Summary
RIG insider Roderick J. Mackenzie filed a Rule 144 notice to sell 35,000 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $156,810.50 and an approximate sale date of 12/03/2025. The 35,000 shares were acquired on 02/06/2025 as restricted stock vesting under a registered plan in exchange for services rendered. The notice states that 1,101,441,205 shares of this class were outstanding. Over the prior three months, Mackenzie also sold 53,769 common shares on 10/31/2025 for gross proceeds of $207,456.93. The signer represents that he is not aware of any undisclosed material adverse information about the issuer’s operations.
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FAQ
What does the Form 144 filing for RIG disclose?
The Form 144 discloses that Roderick J. Mackenzie intends to sell 35,000 shares of RIG common stock on the NYSE through Morgan Stanley Smith Barney LLC, with an aggregate market value of $156,810.50 and an approximate sale date of 12/03/2025.
What RIG stock sales has the insider made in the past three months?
During the past three months, Roderick J. Mackenzie sold 53,769 RIG common shares on 10/31/2025, generating $207,456.93 in gross proceeds.
What representation does the RIG insider make about material information?
By signing the notice, the insider represents that he does not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.