Trust sells 1,577 shares; 4,000 vested under plan (NASDAQ: FORM)

Rhea-AI Filing Summary

KEVIN J BREWER REVOCABLE TRUST filed a notice regarding proposed sales tied to restricted stock vesting under a registered plan. The filing lists 4,000 shares associated with restricted stock vesting on 05/16/2026 and shows 1,577 shares sold on 05/20/2026 for $195,981.68.

Insights

Securities Counsel

Form 144 notice for restricted stock vesting and a recent trust sale.

The filing documents 4,000 shares tied to restricted stock vesting under a registered plan with an event dated 05/16/2026. It also records a trust sale of 1,577 shares on 05/20/2026 for $195,981.68.

Timing, selling methods, and any resale mechanics are not detailed in the excerpt; subsequent broker or issuer disclosures would show how and when those vested shares may be transmitted to market.

Key Figures

Registered/vested shares: 4,000 shares Shares sold (trust): 1,577 shares Proceeds reported: $195,981.68 +1 more

4 metrics

Registered/vested shares 4,000 shares Restricted stock vesting under a registered plan on <date>05/16/2026</date>

Shares sold (trust) 1,577 shares Sale reported on <date>05/20/2026</date>

Proceeds reported $195,981.68 Proceeds from the 1,577-share sale on <date>05/20/2026</date>

Filing form Form 144 Notice of proposed sale by affiliate

Key Terms

Restricted stock vesting, Form 144, Revocable Trust

3 terms

Restricted stock vesting financial

"Restricted stock vesting under a registered plan"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

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.

Revocable Trust legal

"KEVIN J BREWER REVOCABLE TRUST 7005 Southfront Road Livermore CA"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

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

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

Add on Google Not now

Accepted by SEC EDGAR 05/26/2026 - 04:27 PM Learn about SEC filing dates

FAQ

What does the Form 144 filed for FORM disclose?

Direct answer: The filing discloses proposed sales tied to restricted stock vesting of 4,000 shares dated 05/16/2026 and a recent sale of 1,577 shares on 05/20/2026 for $195,981.68.

Who appears as the seller in the Form 144 excerpt?

Direct answer: The excerpt lists KEVIN J BREWER REVOCABLE TRUST as a selling party that reported a sale of 1,577 shares on 05/20/2026 for $195,981.68, and identifies vested restricted shares totaling 4,000 dated 05/16/2026.

Are the 4,000 vested restricted shares already sold according to this filing?

Direct answer: The filing shows 4,000 shares tied to restricted stock vesting on 05/16/2026 but does not state they have been sold; the excerpt instead records a separate sale of 1,577 shares on 05/20/2026.

How much did the trust receive for the 1,577 shares sold?

Direct answer: The excerpt reports proceeds of $195,981.68 for the sale of 1,577 shares on 05/20/2026. The filing does not break out per-share proceeds or fees in the provided text.

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	4000	547410.00	77954772	05/26/2026	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	05/16/2026	Restricted stock vesting under a registered plan	Issuer			4000	05/16/2026	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
KEVIN J BREWER REVOCABLE TRUST 7005 Southfront Road Livermore CA 94551	Common	05/20/2026	1577	195981.68

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)