STOCK TITAN

Kristopher and family report multiple 10b5-1 sales (FIG)

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

Rhea-AI Filing Summary

FIG — Notice of proposed sales under Rule 144 and 10b5-1 plans. The filing lists multiple planned or recent 10b5-1 sales by trusts named for Olivia Mae Rasmussen, Grace Harper Rasmussen, Isla Rose Rasmussen, and Kristopher Rasmussen. The entries show sale dates and per‑trade share counts and gross proceeds for specific transactions.

Positive

  • None.

Negative

  • None.

Insights

Form 144 lists planned or reported Rule 10b5-1 dispositions by related trusts and an individual.

The excerpt records multiple 10b5-1 sales with explicit trade dates, share quantities, and gross proceeds for each line item. The filing names trusts and an individual and provides per‑trade cash amounts tied to those sales.

These entries are procedural notices of proposed or effected dispositions; cash‑flow treatment is tied to the selling holders in the excerpt and timing is provided by the listed trade dates.

Trust sales on 05/15/2026 10,000 shares per trust (Olivia/Grace/Isla) sold on 05/15/2026
Proceeds per 05/15/2026 trade $230,000.00 gross amount shown for each 10,000‑share trade on 05/15/2026
Kristopher Rasmussen large trade 150,000 shares sale on 03/03/2026
Proceeds for 150,000 share line $4,470,720.00 gross amount shown for 150,000‑share sale on 03/03/2026
Smaller reported trades 5,000 shares example trades on 03/16/2026 for listed trusts
Proceeds for 5,000 share example $134,416.00 gross amount shown for a 5,000‑share sale on 03/16/2026
10b5-1 regulatory
"10b5-1 Sales for OLIVIA MAE RASMUSSEN IRREV TRUST"
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
"144: Securities To Be Sold"
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.
Restricted Stock Units financial
"Restricted Stock Units | Issuer | 87046 | 04/01/2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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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 FIG Form 144 disclose about 10b5-1 sales?

Direct answer: It lists multiple 10b5-1 sales by named trusts and an individual, with dates, share counts, and gross proceeds. Context: Example entries include 10,000 shares on 05/15/2026 with $230,000 gross proceeds per trust and larger sales by Kristopher Rasmussen on 03/03/2026.

How many shares did Kristopher Rasmussen report selling in the excerpt?

Direct answer: The excerpt shows Kristopher Rasmussen sales of 150,000, 29,331, 30,000, and 21,359 shares on listed dates. Context: Reported gross proceeds include $4,470,720.00 and $874,204.54 tied to specific trade lines.

Do the entries show sales by trusts for minor beneficiaries?

Direct answer: Yes; the filing shows 10b5-1 sales for trusts named for Olivia Mae, Grace Harper, and Isla Rose Rasmussen, each reporting 5,000–10,000 share trades. Context: Example: 10,000 shares sold on 05/15/2026 for $230,000 per trust.

Are the stated proceeds net or gross in the excerpt?

Direct answer: The lines show gross cash amounts associated with each trade (for example, $134,416.00). Context: The excerpt ties a dollar figure to each trade line but does not break out fees, taxes, or net proceeds.

Does the filing indicate the broker or intermediary for these sales?

Direct answer: The excerpt lists Morgan Stanley Smith Barney LLC Executive Financial Services, 1 New York Plaza as brokerage information. Context: That broker address appears in the filer information section of the excerpt.