CHASE CORP FILES (8-K) Disclosing Regulation FD Disclosure, Financial Statements and Exhibits – InsuranceNewsNet

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August 22, 2022 Newswires No comments
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CHASE CORP FILES (8-K) Disclosing Regulation FD Disclosure, Financial Statements and Exhibits

Edgar Glimpses

Item 7.01 - Regulation FD Disclosure

On August 19, 2022, Peter R. Chase, Executive Chairman of Chase Corporation (the
"Company") informed the Company that the Peter R. Chase Insurance Trust (the
"Trust") intends to establish a pre-arranged stock trading plan to sell a
portion of its stock in the Company over time as part of Mr. Chase's individual
long-term strategy for asset diversification and liquidity. Mr. Chase indicated
that he intends the Trust to adopt the stock trading plan in accordance with
guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934
and the Company's policies regarding stock transactions.

Rule 10b5-1 permits insiders to implement written, pre-arranged stock trading
plans when they are not in possession of material non-public information. These
plans establish predetermined trading parameters that do not permit the person
adopting the plan to exercise any subsequent influence over how, when, or
whether to effect trades. Using these plans, insiders can gradually diversify
their investment portfolios, spread stock trades out over an extended period of
time to reduce market impact, and avoid concerns about transactions occurring at
a time when they might possess inside information.

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Under the plan Mr. Chase proposes to adopt with respect to the Trust, the Trust
would sell up to 50,000 shares of the Company's common stock over a period
ending no later than March 17, 2023.

Mr. Chase indicated that the transactions under this plan would commence no
earlier than September 19, 2022 and will be disclosed publicly through required
filings with the Securities and Exchange Commission.

Item 9.01 - Financial Statements and Exhibits

(d) Exhibits



Exhibit No.       Description

104               Cover Page Interactive Data File (embedded within the Inline
                  XBRL document)


                                       2

Older

NUTEX HEALTH, INC. – 10-Q – Management's Discussion and Analysis of Financial Condition and Results of Operations

Newer

UNICO AMERICAN CORP – 10-Q – MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

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