MS Smith Barney (NASDAQ: APP) files Form 144 to sell 50,000 shares

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC Executive Financial Services submitted a Form 144 notice to sell 50,000 Common shares on NASDAQ.

The filing lists securities tied to compensation vesting or awards with specific lot dates and counts, including Performance Stock Units 24,221 (11/20/2024) and multiple restricted stock vesting entries: 2,312 (02/20/2026), 7,822 (11/20/2025), 7,822 (08/20/2025), and 7,823 (05/20/2025). The notice is dated 03/11/2026.

Insights

Securities Compliance Counsel

Form 144 filed for affiliate sale of 50,000 Common shares, with tied award lots listed.

The notice documents a proposed sale of 50,000 Common shares by Morgan Stanley Smith Barney LLC Executive Financial Services and enumerates award/vesting lots by date and count, including a 24,221 PSU lot dated 11/20/2024.

Timing and execution method are not described in the excerpt; subsequent SEC filings or broker confirmations would show whether sales proceed and under what plan. Cash‑flow treatment is not stated in the provided excerpt.

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

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	50000	23301830.00	307070000	03/11/2026	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	11/20/2024	Performance Stock Units	Issuer			24221	11/20/2024	Not Applicable
Common	02/20/2026	Restricted stock vesting under a registered plan	Issuer			2312	02/20/2026	Not Applicable
Common	11/20/2025	Restricted stock vesting under a registered plan	Issuer			7822	11/20/2025	Not Applicable
Common	08/20/2025	Restricted stock vesting under a registered plan	Issuer			7822	08/20/2025	Not Applicable
Common	05/20/2025	Restricted stock vesting under a registered plan	Issuer			7823	05/20/2025	Not Applicable

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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

Who filed the Form 144 for APP?

The filing lists Morgan Stanley Smith Barney LLC Executive Financial Services as the reporting entity. The notice in the excerpt is dated 03/11/2026 and references Common shares intended for sale on NASDAQ.

How many shares does the Form 144 propose to sell for APP?

The notice indicates a proposed sale of 50,000 Common shares. The excerpt pairs that quantity with a 03/11/2026 date and an exchange designation of NASDAQ.

What compensation-related securities are listed in the filing?

The filing lists award and vesting items including Performance Stock Units 24,221 (11/20/2024) and restricted stock vesting entries of 2,312 (02/20/2026), 7,822 (11/20/2025), 7,822 (08/20/2025), and 7,823 (05/20/2025).

Does the Form 144 state the execution method or proceeds use for the sale?

The provided excerpt does not describe execution methods or use of proceeds. The filing lists quantities and award dates but does not specify how or when the sales will be executed or who will receive proceeds.

Is any dollar value shown for the securities in this excerpt for APP?

The excerpt includes numeric fields adjacent to the holder row, but no explicit label tying a dollar figure to proceeds is provided in the visible text. The filing primarily lists share counts and award dates.