Key facts
- Steel Dynamics filed a Form 144 with the SEC.
- The filing indicates an intention to sell securities.
- Form 144 is a notice filed before a sale takes place.
Form 144 is a notice filed with the U.S. Securities and Exchange Commission (SEC) by an affiliate of a public company who intends to sell or 'effect a sale' of securities in that company. The form provides notice of the intended sale and is typically filed before the sale takes place. Such filings can sometimes precede a stock price decline if the sale is substantial.