Ellington:
No, as your information refers to the rules for "affiliates," or insiders. Neither my law firm nor I are insiders.
The rules for non-insiders has coincidentally relaxed recently, and I'm not certain under the new rules if the firm even was still required to file a Form 144.
My point is that holders of restricted shares file Form 144s -- a "Notice of PROPOSED Sale of Securities" -- when they seek to change their restricted, or "legended" certificate, into free-trading shares.
It's not a notice of the SALE of securities; rather the Form 144 is designed to place followers of VTSI upon public notice that these formerly restricted shares are being "freed up," and that sales of those shares are PROPOSED.
--RoseBowl
News 
Market Data 
Discover 
AI
