AIP (NASDAQ: AIP) Form 144 shows proposed 20,000-share sale and Q1 2026 10b5-1 transfers

Rhea-AI Filing Summary

AIP (Form 144): Notice to sell 20,000 shares of Common Stock. The filing lists a proposed sale of 20,000 common shares with an aggregate reported value of $359,800.00. The cover row references Morgan Stanley Smith Barney LLC Executive Financial Services and the listing 03/26/2026.

The excerpt also lists multiple recent 10b5-1 sales by BAYVIEW LEGACY, LLC and one sale by K. CHARLES JANAC across January–March 2026, showing executed transactions and proceeds for context.

Insights

Securities Counsel

Form 144 records a proposed sale of 20,000 shares and prior 10b5-1 transactions.

The notice identifies a proposed sale of 20,000 common shares with an aggregate value of $359,800.00. It names Morgan Stanley Smith Barney LLC Executive Financial Services on the cover and includes an effective reference date of 03/26/2026.

Several executed 10b5-1 sales by BAYVIEW LEGACY, LLC and one by K. CHARLES JANAC appear as prior transactions (January–March 2026). Cash‑flow treatment and whether the filer will receive proceeds are not stated in the excerpt.

Corporate Governance Advisor

Reported 10b5-1 activity shows staged dispositions by related holders during Q1 2026.

The excerpt lists multiple executed 10b5-1 sales: for example, 50,000 shares on 01/08/2026 (proceeds $829,155.00) and 47,244 shares on 02/09/2026 (proceeds $718,359.19), among others. These entries document prior disposals rather than new issuances.

Subsequent filings or confirmations would clarify whether the current 20,000 share notice is a separate resale or part of a continued disposition plan.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	20000	359800.00	45467261	03/26/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/05/2016	Private Acquisition from Issuer or an Affiliate	Issuer			20000	02/05/2016	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for BAYVIEW LEGACY, LLC 900 E. Hamilton Ave., Suite 300 Campbell CA 95008	Common	03/25/2026	7012	126432.67
10b5-1 Sales for BAYVIEW LEGACY, LLC 900 E. Hamilton Ave., Suite 300 Campbell CA 95008	Common	03/10/2026	9000	131967.00
10b5-1 Sales for BAYVIEW LEGACY, LLC 900 E. Hamilton Ave., Suite 300 Campbell CA 95008	Common	03/09/2026	41000	582626.40
10b5-1 Sales for BAYVIEW LEGACY, LLC 900 E. Hamilton Ave., Suite 300 Campbell CA 95008	Common	02/10/2026	2756	41428.74
10b5-1 Sales for BAYVIEW LEGACY, LLC 900 E. Hamilton Ave., Suite 300 Campbell CA 95008	Common	02/09/2026	47244	718359.19
10b5-1 Sales for BAYVIEW LEGACY, LLC 900 E. Hamilton Ave., Suite 300 Campbell CA 95008	Common	01/15/2026	17884	318973.66
10b5-1 Sales for BAYVIEW LEGACY, LLC 900 E. Hamilton Ave., Suite 300 Campbell CA 95008	Common	01/13/2026	2116	37643.85
10b5-1 Sales for BAYVIEW LEGACY, LLC 900 E. Hamilton Ave., Suite 300 Campbell CA 95008	Common	01/08/2026	50000	829155.00
10b5-1 Sales for K. CHARLES JANAC 900 E. Hamilton Ave., Suite 300 Campbell CA 95008	Common	01/06/2026	11145	188386.16

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does AIP's Form 144 report?

The filing reports a proposed sale of 20,000 common shares with an aggregate reported value of $359,800.00, referenced on 03/26/2026. It names Morgan Stanley Smith Barney LLC Executive Financial Services on the cover.

Are there recent sales by related holders in the filing for AIP?

Yes. The excerpt shows multiple 10b5-1 sales by BAYVIEW LEGACY, LLC and one by K. CHARLES JANAC between 01/08/2026 and 03/25/2026, with individual proceeds listed for each transaction.

Does the Form 144 state who receives proceeds from the sale?

The excerpt does not specify the recipient of proceeds. The cover lists a value of $359,800.00 for 20,000 shares, but the filing text shown does not attach a proceeds recipient statement.

Do prior 10b5-1 entries show material amounts?

Yes. Examples include a 50,000 share sale on 01/08/2026 for $829,155.00 and a 47,244 share sale on 02/09/2026 for $718,359.19, indicating sizable dispositions in Q1 2026.

Is timing for the proposed 20,000-share sale specified?

The cover row references the date 03/26/2026 alongside the proposed 20,000-share sale. The excerpt does not provide additional timing or settlement details.