By the 10th of the month following the transaction. A majority of the filings come in around the 10th of every month. Within 90 days of the company's fiscal year end. Insiders have 90 days to sell the specified shares, or they must submit a new Form 144. Sellers of restricted stock.
Restricted stock is awarded or acquired from the issuing corporation.
Corporate insiders are typically granted restricted stock as a form of compensation. Private investors can also receive restricted stock through private placements. The recipient gets the stock at a discount to the current market price. After the required one-year holding period, insiders can sell the restricted stock by filing a Form 144. On, or before the date of the actual sale.