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[144] Smith-Midland Corporation SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

Smith-Midland Corporation (SMID) insider proposes sale of common shares under Rule 144. The notice lists a broker (Raymond James & Associates) and an approximate sale of 15,000 common shares with an aggregate market value of $628,350, to be sold on or about 08/19/2025 on NASDAQ. The filer acquired the shares via stock options on 05/06/2011 (80,000 shares) and 12/11/2013 (20,000 shares) and paid cash. No sales by the filer in the prior three months are reported. The filing includes the required representation that the seller is not aware of undisclosed material adverse information.

Un insider di Smith-Midland Corporation (SMID) propone la vendita di azioni ordinarie ai sensi della Rule 144. L'avviso indica un intermediario (Raymond James & Associates) e una vendita approssimativa di 15.000 azioni ordinarie per un valore di mercato aggregato di $628.350, da realizzarsi il 19/08/2025 circa sulla NASDAQ. Il dichiarante ha acquisito le azioni tramite opzioni su azioni il 06/05/2011 (80.000 azioni) e il 11/12/2013 (20.000 azioni) con pagamento in contanti. Non risultano vendite effettuate dal dichiarante nei tre mesi precedenti. La comunicazione include la dichiarazione richiesta che il venditore non è a conoscenza di informazioni materiali non divulgate.

Un insider de Smith-Midland Corporation (SMID) propone la venta de acciones ordinarias bajo la Regla 144. El aviso menciona a un corredor (Raymond James & Associates) y una venta aproximada de 15.000 acciones ordinarias por un valor de mercado agregado de $628.350, que se venderán aproximadamente el 19/08/2025 en NASDAQ. El declarante adquirió las acciones mediante opciones sobre acciones el 06/05/2011 (80.000 acciones) y el 11/12/2013 (20.000 acciones) y pagó en efectivo. No se informan ventas del declarante en los tres meses anteriores. La presentación incluye la representación requerida de que el vendedor no tiene conocimiento de información material adversa no divulgada.

Smith-Midland Corporation(SMID)� 내부자가 Rule 144� 따라 보통� 매각� 제안했습니다. 통지서에� 중개�(Raymond James & Associates)� � 15,000� 보통�� 총시가 $628,350� NASDAQ에서 2025-08-19경에 매도� 예정이라� 기재되어 있습니다. 제출인은 해당 주식� 2011-05-06� 스톡옵션으로 80,000�, 2013-12-11� 20,000주를 현금으로 취득했습니다. 제출인은 직전 3개월 동안� 매도 내역� 보고하지 않았습니�. 제출서류에는 매도인이 미공� 중요 불리정보� 알고 있지 않다� 필수 진술� 포함되어 있습니다.

Un initié de Smith-Midland Corporation (SMID) propose la vente d'actions ordinaires en vertu de la Rule 144. L'avis indique un courtier (Raymond James & Associates) et une vente approximative de 15 000 actions ordinaires pour une valeur marchande agrégée de $628,350, à vendre vers le 19/08/2025 sur le NASDAQ. Le déclarant a acquis les actions via des options sur actions le 06/05/2011 (80 000 actions) et le 11/12/2013 (20 000 actions) en payant en espèces. Aucune vente du déclarant au cours des trois mois précédents n'est signalée. le dépôt comprend la déclaration requise selon laquelle le vendeur n'a pas connaissance d'informations sensibles défavorables non divulguées.

Ein Insider der Smith-Midland Corporation (SMID) beabsichtigt den Verkauf von Stammaktien gemäß Rule 144. Die Mitteilung nennt einen Broker (Raymond James & Associates) und einen ungefähren Verkauf von 15.000 Stammaktien mit einem Gesamtmarktwert von $628.350, der voraussichtlich am oder um den 19.08.2025 an der NASDAQ erfolgen soll. Der Melder erwarb die Aktien durch Aktienoptionen am 06.05.2011 (80.000 Aktien) und am 11.12.2013 (20.000 Aktien) und zahlte bar. Verkäufe des Melders in den vorangegangenen drei Monaten wurden nicht gemeldet. Die Einreichung enthält die vorgeschriebene Zusicherung, dass der Verkäufer keine nicht offengelegten wesentlichen nachteiligen Informationen kennt.

Positive
  • Regulatory compliance: The filer provided required details for a Rule 144 sale including broker, quantities, acquisition dates, and payment method
  • No recent sales: The notice reports "Nothing to Report" for securities sold by the filer in the past three months
Negative
  • Insider disposition: The filing notifies the market of a proposed sale of 15,000 shares valued at $628,350
  • Timing disclosure: The planned sale date is approximately 08/19/2025, which may be interpreted by some investors as insider liquidity

Insights

TL;DR: Routine Rule 144 notice: an affiliate plans a modest NASDAQ sale via a broker.

The filing is a standard Rule 144 notice documenting a proposed sale of 15,000 common shares through Raymond James on or about 08/19/2025. Acquisition history shows the shares derive from stock option exercises in 2011 and 2013 paid in cash. No prior three-month sales are reported, and the filer affirms no undisclosed material adverse information. For investors, this is a compliance disclosure rather than a corporate operational update.

TL;DR: Compliance-focused disclosure; it documents insider liquidity but contains no new operational facts.

This Form 144 provides required broker, quantity, and acquisition details for a proposed disposition under Rule 144. It meets procedural requirements including acquisition dates and payment method. The filer’s representation about material information is standard. The filing does not disclose executive changes, company performance data, or related-party transactions beyond the sale intent, so it is governance-compliant but not materially informative about company fundamentals.

Un insider di Smith-Midland Corporation (SMID) propone la vendita di azioni ordinarie ai sensi della Rule 144. L'avviso indica un intermediario (Raymond James & Associates) e una vendita approssimativa di 15.000 azioni ordinarie per un valore di mercato aggregato di $628.350, da realizzarsi il 19/08/2025 circa sulla NASDAQ. Il dichiarante ha acquisito le azioni tramite opzioni su azioni il 06/05/2011 (80.000 azioni) e il 11/12/2013 (20.000 azioni) con pagamento in contanti. Non risultano vendite effettuate dal dichiarante nei tre mesi precedenti. La comunicazione include la dichiarazione richiesta che il venditore non è a conoscenza di informazioni materiali non divulgate.

Un insider de Smith-Midland Corporation (SMID) propone la venta de acciones ordinarias bajo la Regla 144. El aviso menciona a un corredor (Raymond James & Associates) y una venta aproximada de 15.000 acciones ordinarias por un valor de mercado agregado de $628.350, que se venderán aproximadamente el 19/08/2025 en NASDAQ. El declarante adquirió las acciones mediante opciones sobre acciones el 06/05/2011 (80.000 acciones) y el 11/12/2013 (20.000 acciones) y pagó en efectivo. No se informan ventas del declarante en los tres meses anteriores. La presentación incluye la representación requerida de que el vendedor no tiene conocimiento de información material adversa no divulgada.

Smith-Midland Corporation(SMID)� 내부자가 Rule 144� 따라 보통� 매각� 제안했습니다. 통지서에� 중개�(Raymond James & Associates)� � 15,000� 보통�� 총시가 $628,350� NASDAQ에서 2025-08-19경에 매도� 예정이라� 기재되어 있습니다. 제출인은 해당 주식� 2011-05-06� 스톡옵션으로 80,000�, 2013-12-11� 20,000주를 현금으로 취득했습니다. 제출인은 직전 3개월 동안� 매도 내역� 보고하지 않았습니�. 제출서류에는 매도인이 미공� 중요 불리정보� 알고 있지 않다� 필수 진술� 포함되어 있습니다.

Un initié de Smith-Midland Corporation (SMID) propose la vente d'actions ordinaires en vertu de la Rule 144. L'avis indique un courtier (Raymond James & Associates) et une vente approximative de 15 000 actions ordinaires pour une valeur marchande agrégée de $628,350, à vendre vers le 19/08/2025 sur le NASDAQ. Le déclarant a acquis les actions via des options sur actions le 06/05/2011 (80 000 actions) et le 11/12/2013 (20 000 actions) en payant en espèces. Aucune vente du déclarant au cours des trois mois précédents n'est signalée. le dépôt comprend la déclaration requise selon laquelle le vendeur n'a pas connaissance d'informations sensibles défavorables non divulguées.

Ein Insider der Smith-Midland Corporation (SMID) beabsichtigt den Verkauf von Stammaktien gemäß Rule 144. Die Mitteilung nennt einen Broker (Raymond James & Associates) und einen ungefähren Verkauf von 15.000 Stammaktien mit einem Gesamtmarktwert von $628.350, der voraussichtlich am oder um den 19.08.2025 an der NASDAQ erfolgen soll. Der Melder erwarb die Aktien durch Aktienoptionen am 06.05.2011 (80.000 Aktien) und am 11.12.2013 (20.000 Aktien) und zahlte bar. Verkäufe des Melders in den vorangegangenen drei Monaten wurden nicht gemeldet. Die Einreichung enthält die vorgeschriebene Zusicherung, dass der Verkäufer keine nicht offengelegten wesentlichen nachteiligen Informationen kennt.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Smith-Midland Corporation's (SMID) Form 144 disclose?

The notice discloses a proposed sale of 15,000 common shares via Raymond James with aggregate market value $628,350 and an approximate sale date of 08/19/2025.

How were the shares being sold acquired?

The shares were acquired by the filer through stock option exercises on 05/06/2011 (80,000 shares) and 12/11/2013 (20,000 shares), paid in cash.

Does the filing report any securities sold in the past three months by the filer?

No. The filing states "Nothing to Report" for securities sold by the person in the prior three months.

Which broker will handle the sale listed in the Form 144?

The broker named in the filing is Raymond James & Associates located at 880 Carillon Parkway, St. Petersburg, FL.

Is there any undisclosed material information according to the filer?

By signing the notice the filer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.
Smith Midland Corp

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Building Materials
Concrete Products, Except Block & Brick
United States
MIDLAND