STOCK TITAN

ACLS (NASDAQ: ACLS) proposes sale of 3,225 restricted shares under registered plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

ACLS submitted a Form 144 notice covering 3,225 shares of Common stock. The filing states the shares relate to restricted stock vesting under a registered plan with the vesting date 05/15/2026.

The transaction is listed as involving the issuer and the shares are associated with broker information on file; the filing lists a dollar amount of $456,697.15 alongside the share count.

Positive

  • None.

Negative

  • None.

Insights

Routine Form 144 notice for vested restricted shares; administrative disclosure.

The filing documents a proposed sale of 3,225 shares tied to restricted stock vesting under a registered plan. The record shows the vesting date as 05/15/2026 and lists a value of $456,697.15 adjacent to the share count.

Because this is a notice of intent to sell rather than a registered offering, the action is administrative. Timing and final sale mechanics are not described in the excerpt; subsequent transaction details would appear in trade reports or follow-up filings.

Shares proposed for sale 3,225 shares restricted stock vesting under a registered plan; vesting date <date>05/15/2026</date>
Listed dollar amount $456,697.15 amount shown alongside the 3,225 share entry in the filing
Filing form Form 144 Notice of proposed sale of securities
Form 144 regulatory
"144: Filer Information 144: Issuer Information 144: Securities Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
restricted stock vesting financial
"Restricted stock vesting under a registered plan"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
registered plan regulatory
"Restricted stock vesting under a registered plan"
A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does ACLS's Form 144 disclose?

The Form 144 discloses a proposed disposition of 3,225 shares of common stock tied to restricted stock vesting. It lists the vesting date as 05/15/2026 and a value of $456,697.15 adjacent to the share count.

Are the shares in ACLS's Form 144 restricted or freely tradable?

The shares are described as restricted stock vesting under a registered plan, indicating they vested on 05/15/2026. The filing is a notice of proposed sale; final tradability depends on any plan restrictions and subsequent sale reporting.

Who is listed as the broker or intermediary on the ACLS Form 144?

The excerpt lists broker information referencing Morgan Stanley Smith Barney LLC with an address at 1 New York Plaza. The filing pairs that broker data with the share count and value in the notice fields.

Does the ACLS Form 144 state net proceeds or recipient of proceeds?

The excerpt shows a dollar figure of $456,697.15 near the share count, but it does not explicitly state net proceeds or who will receive proceeds. The filing focuses on the proposed sale notice and vesting details.