How Long Will My Form 144 Last?

How long is my Form 144 valid after I submit to the SEC?

If you’re an Affiliate of the issuing company, your Form 144 is valid for three (3) months from the date you filed it with the SEC.

What Happens if I Don’t Sell Rule 144 My Stock In Time?

If any of your “restricted stock” remains unsold after three (3) months, you can fill out a new Form 144.  If you don’t file a new Form 144 with the SEC, your broker must send the certificates back to the Transfer Agent, who can reissue a new stock certificate with the Rule 144 restrictive legend.

 

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