An affiliate wishes to sell $200,000 worth of restricted stock of a public company under Rule 144. The weekly trading volume for the prior four weeks averages 40,000 shares, and there are 1,000,000 shares outstanding. What is the maximum number of shares the affiliate may sell in any three-month period?

1. A1% of total outstanding shares: 10,000
2. BThe entire $200,000 worth, regardless of volume
3. CThe greater of 10,000 shares or 40,000 shares, so 40,000 shares✓ Correct answer
4. DOnly after a two-year holding period, with no volume limit

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