So you have clarity on the Form 144 use, here is a law firms summary of the five requirements:
1. Current public information. Specified current information concerning the issuer must be publicly available.
2. Holding period. A six-month holding period is required for "restricted securities" of an issuer that has been a reporting company for at least
90 days. A one-year holding period is required for "restricted securities" of a non-reporting company.
3. Volume limitation. The amount of securities that can be sold in any three-month period for listed companies is limited to the greater of
(i)one percent of the shares or other units of that class outstanding, or (ii) the average weekly trading volume during the four calendar weeks preceding the filing of a Form 144, or if no such notice is required, the
date of receipt of the order to execute the transaction. The amount of securities that can be sold in any three-month period for companies with over-the-counter, or OTC, securities is limited to one percent of the shares or other units of that class outstanding.
4. Manner of sale. Equity securities (but not debt securities) must be sold in unsolicited "brokers' transactions," directly to "market makers," or in "riskless principal transactions."
5. Notice of sale. The seller must file a Form 144 with the SEC at the time the sell order is placed with the broker if the seller is an affiliate and intends to sell during any three-month period
more than 5,000 shares or securities with a value in excess of $50,000. See Rule 144(h).
News 
Market Data 
Discover 
