AMSC (NASDAQ) director sells $4.31M in shares; 9,670 restricted shares listed
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
AMSC reported insider sales. Form 144 filings show Daniel McGahn sold 72,525 shares of Common stock on 06/02/2026 for $3,682,892.03 and 12,893 shares on 06/03/2026 for $630,265.28. The filing also lists 9,670 restricted shares listed to be sold on 06/05/2026.
Positive
- None.
Negative
- None.
Insights
Routine Rule 144 resale activity by an affiliate is disclosed.
These entries list open-market dispositions: 72,525 shares on 06/02/2026 and 12,893 shares on 06/03/2026
The filing also records 9,670 restricted shares available to be sold on 06/05/2026. Cash‑flow treatment and any holding‑period qualifiers are not shown in the excerpt.
Key Figures
Shares sold (06/02/2026): 72,525 shares
Proceeds (06/02/2026): $3,682,892.03
Shares sold (06/03/2026): 12,893 shares
+2 more
5 metrics
Shares sold (06/02/2026)
72,525 shares
Sale on <date>06/02/2026</date>
Proceeds (06/02/2026)
$3,682,892.03
Proceeds reported for 72,525 shares
Shares sold (06/03/2026)
12,893 shares
Sale on <date>06/03/2026</date>
Proceeds (06/03/2026)
$630,265.28
Proceeds reported for 12,893 shares
Restricted shares listed
9,670 shares
Restricted stock listed to be sold on <date>06/05/2026</date>
Key Terms
Restricted Stock, Common, Form 144
3 terms
Restricted Stock financial
"Restricted Stock | ISSUER | 9670 | 06/05/2026"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Common financial
"Common | 06/03/2026 | 12893 | 630265.28"
Form 144 regulatory
"144: Filer 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.
FAQ
What sales does the AMSC Form 144 disclose?
The filing discloses Daniel McGahn sold 72,525 shares on 06/02/2026 for $3,682,892.03 and 12,893 shares on 06/03/2026 for $630,265.28. It also lists 9,670 restricted shares to be sold on 06/05/2026.
Who is the reporting person on the Form 144 for AMSC?
The sales are reported in filings listing Daniel McGahn at an address in Ayer, MA. The broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services in New York.
Do the Form 144 entries show sale proceeds for AMSC transactions?
Yes. The excerpt shows proceeds of $3,682,892.03 for 72,525 shares and $630,265.28 for 12,893 shares in the two reported transactions.
Does this Form 144 indicate Rule 10b5-1 or prearranged plans?
The provided excerpt does not mention Rule 10b5-1 trading plans or prearranged arrangements. No footnote about planned trading appears in the text supplied.