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Rule 144 Explained: When Can You Legally Sell Restricted Stock?
Rule 144 Explained: When Can You Legally Sell Restricted Stock?
Episode Show Notes
Owning shares in a company doesn't necessarily mean you can sell them whenever you want.
SEC Rule 144 establishes a legal safe harbor for publicly reselling certain restricted and control securities without registering the transaction under the Securities Act of 1933. But eligibility depends on more than how long you've owned the stock.
In this episode, we break down Rule 144, how it works, who qualifies, and the compliance issues that can prevent shareholders from selling their securities.
Whether you're a…
The skinny
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