Morgan Stanley Smith Barney to sell 15,000 Class A DASH shares (NASDAQ: DASH)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 notice regarding proposed sales of Class A Common shares of DASH totaling 15,000 shares. The filing lists a 10b5-1 sale of 5,000 shares on 06/24/2026 reported for THE AF LIVING TRUST and a separate sale of 1,164 shares on 05/20/2026 by Andy Fang for $181,104.43. The cover data includes 411,336,610 and a date 07/01/2026 as reported in the filing.

Insights

Securities Compliance Analyst

Form 144 lists proposed Rule 144 sales including a 10b5-1 transaction and an individual disposition.

The filing shows a total notified amount of 15,000 shares of Class A Common, with a recorded 10b5-1 sale of 5,000 shares on 06/24/2026 and an individual sale of 1,164 shares on 05/20/2026. Rule 144 notices signal intended compliance with resale conditions rather than confirm completed market trades.

Cash‑flow treatment and resale mechanics are as stated in the excerpt; timing and final execution depend on the sellers' compliance with Rule 144 conditions and any plan terms.

Key Figures

Notified shares: 15,000 shares 10b5-1 sale: 5,000 shares 10b5-1 proceeds: $900,000.00 +3 more

6 metrics

Notified shares 15,000 shares Class A Common (form cover data)

10b5-1 sale 5,000 shares Sale by THE AF LIVING TRUST on <date>06/24/2026</date>

10b5-1 proceeds <money>$900,000.00</money> Proceeds listed for the 5,000-share 10b5-1 sale

Andy Fang sale 1,164 shares Sale on <date>05/20/2026</date

Andy Fang proceeds <money>$181,104.43</money> Proceeds listed for the 1,164-share sale

File reference number or large figure 411,336,610 Listed in excerpt adjacent to date <date>07/01/2026</date>

Key Terms

10b5-1, Form 144, Founders Shares

3 terms

10b5-1 regulatory

"10b5-1 Sales for THE AF LIVING TRUST 303 2nd Street"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Form 144 regulatory

"Filer Information | 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.

Founders Shares financial

"Class A Common | 06/01/2020 | Founders Shares | Issuer"

Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 07/01/2026 - 05:04 PM Accepted by SEC EDGAR 07/01/2026 - 05:04 PM Learn about SEC filing dates

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
Class A Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	15000	2767950.00	411336610	07/01/2026	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 *
Class A Common	06/01/2020	Founders Shares	Issuer			15000	06/01/2020	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for THE AF LIVING TRUST 303 2nd Street, South Tower, 8th Floor San Francisco CA 94107	Class A Common	06/24/2026	5000	900000.00
ANDY FANG 303 2nd Street, South Tower, 8th Floor San Francisco CA 94107	Common	05/20/2026	1164	181104.43

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 for DASH filed by Morgan Stanley Smith Barney mean?

It notifies the SEC of an intended resale under Rule 144. The filing lists 15,000 Class A Common shares with specific transactions noted on 05/20/2026 and 06/24/2026 for identified holders, indicating planned compliance with resale rules.

How many DASH shares were sold under a 10b5-1 plan in this Form 144?

The filing records a 10b5-1 sale of 5,000 Class A Common shares executed on 06/24/2026 for THE AF LIVING TRUST, reported with an associated proceeds figure of $900,000.00 in the excerpt.

What sale by Andy Fang appears in the DASH Form 144?

The filing lists Andy Fang as reporting a sale of 1,164 shares on 05/20/2026 with proceeds of $181,104.43. This appears in the filing's sales table as an executed disposition.

Does the Form 144 confirm total shares outstanding for DASH?

The excerpt includes the figure 411,336,610 alongside a 07/01/2026 entry. The filing shows that number but does not explicitly label it within the excerpt as "shares outstanding" or as part of the registered amount.

Who receives proceeds from the reported DASH transactions in the filing?

Proceeds appear tied to the selling holders listed: THE AF LIVING TRUST's 10b5-1 sale and Andy Fang's sale. The excerpt provides proceeds amounts next to each transaction but does not reassign proceeds to the issuer.