What is a Form 144?
Form 144 is a notice that an insider or other affiliate of a company intends to sell restricted or control shares. It's needed when the sale is over 5,000 shares or $50,000 in a three-month period, and is filed when the order to sell is placed.
Because it's filed before the sale, a Form 144 is an early sign of selling that shows up on a Form 4 once the trade is done. It doesn't mean the sale will happen: the seller can change its mind.
Form 144s have been filed electronically on EDGAR since 2023. HedgeFollow shows them as "Proposed sale".
Related pages: Insider Trading Tracker