Former Officer Bret McLeod Files Form 144 Notice for $474K in Vivmark Residential Stock

Vivmark Residential (Form 144) – Proposed Insider Sale Analysis

Overview

On September 1, 2026, Bret D. Mcleod, identified as a Former Officer of Vivmark Residential, filed a Form 144 notice of proposed sale for 7,263 shares of Common Stock with an estimated aggregate market value of $474,095.23 (approx. $65.28 per share).

Key Details

• Nature of Acquisition: The 7,263 shares were acquired directly from the issuer on August 31, 2026, via restricted stock vesting as equity compensation.
• Broker: Fidelity Brokerage Services LLC.
• Recent Prior Activity (Past 3 Months):
  • August 26, 2026: Sold 11,661 shares for gross proceeds of $787,392.70.
  • August 27, 2026: Sold 14,743 shares for gross proceeds of $974,527.32.
• Remarks: The filing notes that the planned transaction includes shares necessary to satisfy tax obligations resulting from the settlement of the vested equity award.

Market Impact & Trading Significance

• Significance Level: Low
• Context: The transaction represents routine liquidation of newly vested shares by a former officer, primarily tied to tax withholding obligations. Given the issuer's total shares outstanding (374,944,409 shares), the 7,263 shares represent a negligible fraction of the public float and have minimal direct market impact.