STOCK TITAN

Proposed insider sale lists restricted-stock lots at BBT (NYSE: BBT)

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

Rhea-AI Filing Summary

BBT reported a Form 144 showing a proposed sale of Common shares by Morgan Stanley Smith Barney LLC Executive Financial Services. The filing lists multiple restricted stock vesting lots under a registered plan, including 08/02/2024 for 5,773 shares and 08/03/2023 for 2,866 shares. The entries are described as issuer compensation-related restricted stock vesting entries with specific vesting dates and share counts.

Positive

  • None.

Negative

  • None.

Insights

Form 144 records proposed dispositions of vested restricted shares by an affiliate broker-dealer.

The filing lists multiple restricted-stock vesting events under a registered plan that are being offered for sale through a broker-dealer identified as Morgan Stanley Smith Barney LLC Executive Financial Services. The entries tie specific share counts to vesting dates, which is standard in reporting proposed affiliate sales.

Regulatoryly, the listing of vesting lots and dates is procedural; any actual sale will be subject to the conditions and timing required by the securities rules and the broker-dealer's handling. Subsequent trade reports or an amended Form 4/144 would show completion.

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 the BBT Form 144 disclose?

The Form 144 discloses a proposed sale of Common shares by Morgan Stanley Smith Barney LLC Executive Financial Services. It lists restricted stock vesting lots under a registered plan with share counts and vesting dates, including specific lots on 08/02/2024 and 08/03/2023.

Who is the selling party listed on the Form 144 for BBT?

The filing names Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, New York. The entry appears as the broker-dealer/affiliate associated with the proposed sale; further attribution or ultimate seller identity is not detailed in the excerpt.

Which share lots are listed as vesting in the filing?

The excerpt lists multiple restricted-stock vesting entries, including 5,773 shares vesting on 08/02/2024 and 2,866 shares vesting on 08/03/2023. Other smaller lots with earlier vesting dates are also enumerated in the filing.

Does the Form 144 mean the shares have been sold?

No. The Form 144 indicates a proposed sale of shares related to vested restricted stock. Actual sales would be executed separately and reported through trade reports or subsequent filings; completion is not shown in the provided excerpt.
Beacon Financial Corp

NYSE:BBT

BBT Rankings

BBT Latest News

BBT Latest SEC Filings

BBT Stock Data

2.61B
82.73M
Banks - Regional
Savings Institutions, Not Federally Chartered
Link
United States
BOSTON