Morgan Stanley broker lists restricted CERS shares for sale (NASDAQ: CERS)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 notice reporting the proposed sale of restricted common stock of the issuer CERS (NASDAQ). The filing lists 52,385 restricted shares dated 03/12/2024 and 8,848 restricted shares dated 03/12/2022.

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	61233	126299.19	192171776	03/05/2026	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	03/12/2024	Restricted Stock	ISSUER			52385	03/12/2024	Not Applicable
Common	03/12/2022	Restricted Stock	ISSUER			8848	03/12/2022	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

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 CERS show?

It reports a proposed sale of restricted common stock totaling two lots. The filing lists 52,385 shares dated 03/12/2024 and 8,848 shares dated 03/12/2022, handled through Morgan Stanley Smith Barney LLC as broker.

Who is the broker handling the CERS Form 144 transaction?

The filing names Morgan Stanley Smith Barney LLC as the broker. The entry includes an address at 1 New York Plaza and references NASDAQ as the market where the shares relate.

How many CERS restricted shares are listed for sale in total?

The Form 144 lists a combined total of 61,233 restricted shares. This equals 52,385 shares from 03/12/2024 plus 8,848 shares from 03/12/2022, as shown in the filing excerpt.

Does the Form 144 excerpt show the sale proceeds or prices for CERS shares?

No sale prices or proceeds are shown in the provided excerpt. The filing lists dates and share counts for restricted stock but does not include dollar amounts or aggregate offering price information.