Morgan Stanley Smith Barney (BYD) files Form 144 noting performance‑share resale

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC Executive Financial Services filed a Form 144 notice reporting proposed sales of Common stock on 02/24/2026 for NYSE-listed securities. The filing lists Performance Shares dated 02/20/2026 (9,581 shares) and 02/21/2025 (7,943 shares).

The filing names the broker/dealer and shows transaction dates tied to performance-share lots; timing and aggregate proceeds are not stated in the excerpt.

Insights

Securities Compliance Analyst

Form 144 documents proposed resale of restricted/performance shares by an affiliate.

The notice lists specific performance‑share lots: 02/20/2026 for 9,581 shares and 02/21/2025 for 7,943. It names a broker‑dealer and cites 02/24/2026 as a filing/transaction date.

Disclosure qualifiers or proceeds treatment are not provided in the excerpt; subsequent filings may show execution details and any Rule 144 limitations.

Equity Capital Markets Specialist

The filing identifies share lots tied to performance awards rather than open‑market blocks.

The entries label the securities as Performance Shares with their grant/vesting dates and share counts, which suggests the transactions derive from award holdings rather than newly issued shares.

How and when these shares are sold, and whether sales follow volume/holding‑period conditions, are not specified 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

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	17524	1491539.49	75492204	02/24/2026	NYSE

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	02/20/2026	Performance Shares	Issuer			9581	02/20/2026	Not Applicable
Common	02/21/2025	Performance Shares	Issuer			7943	02/21/2025	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

What does the Form 144 filed for BYD indicate?

The Form 144 indicates a proposed resale of Common stock; it lists broker information and transaction dates. The excerpt lists 9,581 and 7,943 performance‑share lots dated 02/20/2026 and 02/21/2025 respectively.

Who is the filer in the BYD Form 144 notice?

The filer is shown as Morgan Stanley Smith Barney LLC Executive Financial Services. The filing names the broker/dealer and the exchange as NYSE with a filing/transaction date of 02/24/2026.

How many performance shares are listed in the excerpt?

The excerpt lists two performance‑share entries: 9,581 shares dated 02/20/2026 and 7,943 shares dated 02/21/2025. No aggregate proceeds are provided in the excerpt.

Does this Form 144 confirm sales have occurred for BYD?

No; the Form 144 is a notice of proposed resale tied to specific dates and share lots. Execution details and proceeds are not included in the provided excerpt.

Will the Form 144 change BYD's outstanding share count?

This filing reports proposed resale of existing performance shares; it does not indicate any issuance or change to shares outstanding in the provided excerpt.