STOCK TITAN

BAYVIEW LEGACY sells 50,000 shares (NASDAQ: AIP) under 10b5-1 plan

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

Rhea-AI Filing Summary

BAYVIEW LEGACY, LLC reported multiple 10b5-1 sales of Common stock. The transactions occurred between 01/08/2026 and 03/26/2026, with individual trades including 50,000 shares on 01/08/2026 for $829,155.00 and 41,000 shares on 03/09/2026 for $582,626.40. The filing also lists 11,800 Restricted Stock Units dated 04/01/2026.

Positive

  • None.

Negative

  • None.

Insights

Multiple scheduled 10b5-1 dispositions by an affiliated entity, with several large sales.

The excerpt lists sequential 10b5-1 sales by BAYVIEW LEGACY, LLC between 01/08/2026 and 03/26/2026, showing trade sizes and proceeds per trade (for example, $829,155.00 for 50,000 shares on 01/08/2026). This pattern is consistent with systematic plan-based dispositions rather than one-off open-market trades.

Cash‑flow treatment to the issuer is not stated in the excerpt; timing and plan mechanics are internal to the selling entity. Subsequent filings could disclose total aggregated proceeds or plan terms.

Largest single trade 50,000 shares trade dated 01/08/2026
Proceeds from largest trade $829,155.00 50,000 shares on 01/08/2026
Notable trade 41,000 shares trade dated 03/09/2026 for $582,626.40
Example proceeds $582,626.40 41,000 shares on 03/09/2026
Restricted Stock Units listed 11,800 Restricted Stock Units dated 04/01/2026
Additional trade 32,988 shares trade dated 03/26/2026 for $605,188.89
10b5-1 regulatory
"10b5-1 Sales for BAYVIEW LEGACY, LLC 900 E. Hamilton Ave."
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Restricted Stock Units financial
"Restricted Stock Units | Issuer | 11800 | 04/01/2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Common financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"

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 did BAYVIEW LEGACY disclose in the Form 144 filing for AIP?

The filing discloses multiple 10b5-1 sales of Common stock by BAYVIEW LEGACY, LLC between 01/08/2026 and 03/26/2026. It lists per-trade share counts and gross proceeds for each sale.

How many shares were sold in the largest trade reported for AIP?

The largest single trade shown is 50,000 shares on 01/08/2026, with gross proceeds of $829,155.00. Other large trades include 41,000 shares on 03/09/2026 for $582,626.40.

Does the Form 144 show any newly issued securities for AIP?

Yes. The excerpt lists 11,800 Restricted Stock Units dated 04/01/2026 under Securities To Be Sold. The filing pairs this with selling activity by the listed entity.

Were the sales reported as part of a 10b5-1 plan in the AIP filing?

Yes. Each sale entry in the excerpt is labeled as a 10b5-1 Sale by BAYVIEW LEGACY, LLC, indicating the trades were executed pursuant to prearranged trading plans.