Proposed insider sale via Morgan Stanley — FN (NYSE: FN) Form 144 notice

Rhea-AI Filing Summary

FN filed a Form 144 reporting a proposed sale of common stock through Morgan Stanley Smith Barney LLC as broker. The notice lists broker details and an intended transaction on 02/25/2026.

The filing also discloses that Thomas F. Kelly sold 2,200 common shares on 12/04/2025 for $1,021,111.30.

Insights

Corporate Governance Analyst

Form 144 notifies a broker-mediated affiliate sale; prior insider sale is disclosed.

The notice lists Morgan Stanley Smith Barney LLC as the broker and an intended transaction date of 02/25/2026, indicating a broker-facilitated sale by an affiliate. The excerpt shows a prior sale by Thomas F. Kelly of 2,200 shares on 12/04/2025 for $1,021,111.30.

Timing and exact offered quantity in the excerpt are limited to the broker line and the single prior sale; subsequent filings or a Form 4 may provide fuller trade details and settlement outcomes.

FAQ

What does FN's Form 144 disclose about the planned sale?

The filing discloses a planned sale of common stock through Morgan Stanley Smith Barney LLC, with an intended transaction date of 02/25/2026. The excerpt lists broker details and an intended method but does not provide additional terms in the provided text.

Who executed recent insider sales reported in the filing for FN?

Thomas F. Kelly sold 2,200 common shares on 12/04/2025 for $1,021,111.30, as shown in the excerpt. This is presented under "Securities Sold During The Past 3 Months."

Which broker is named for the proposed sale in FN's Form 144?

The excerpt names Morgan Stanley Smith Barney LLC (1 New York Plaza, 8th Floor, New York) as the broker for the proposed sale. Broker contact details appear in the filing line shown.

Does the filing state how many shares are being offered in the proposed sale?

The excerpt includes the number 1,850 adjacent to the broker line, but the filing text in the excerpt does not explicitly label that figure as the total shares being offered. Subsequent filings may clarify the exact offered amount.

What date is associated with the proposed transaction in FN's Form 144?

The broker line in the excerpt includes the date 02/25/2026, which is presented as the intended transaction date for the proposed sale through the listed broker.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/25/2026 - 04:11 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
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1850	1154131.38	35826117	02/25/2026	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 *
Ordinary	01/01/2024	Restricted stock vesting under a registered plan	Issuer			568	01/01/2025	Services Rendered
Ordinary	01/01/2025	Restricted stock vesting under a registered plan	Issuer			1282	01/01/2025	Services Rendered

* 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
THOMAS F. KELLY 4900 Patrick Henry Drive Santa Clara CA 95054	Common	12/04/2025	2200	1021111.30

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)