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Form 144

Form 144 is the notice of an intended sale and is required when an executive officer, director, or other affiliate of a company is selling that company's stock. It must be filed with the SEC when an order is placed with a broker to sell the stock. Form 144 is not required if the number of shares does not exceed 500 and the aggregate sale price does not exceed $10,000. The filing is effective for a maximum of three months.

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