Morgan Stanley Smith Barney (FORM) files Form 144 to sell 1,577 shares

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC Executive Financial Services filed a Form 144 proposing the sale of 1,577 shares of Common Stock. The filing shows a reported aggregate value of $195,981.68 and a filing date of 05/20/2026. The shares are described as restricted stock vesting under a registered plan with a vesting date of 05/17/2025, and the seller is listed as the issuer.

Insights

Securities Compliance Counsel

Form 144 reports a proposed issuer-led sale of vested restricted shares.

The filing lists 1,577 shares of Common Stock tied to restricted stock vesting under a registered plan, with an aggregate reported value of $195,981.68. The filing date is 05/20/2026.

The regulatory role of Form 144 is to notify resale under Rule 144; this filing alone does not confirm a completed market transaction or proceeds distribution. Subsequent filings or transfer records would show execution details.

Key Figures

Filing date: 05/20/2026 Aggregate reported value: $195,981.68 Shares to be sold: 1,577 shares +3 more

6 metrics

Filing date 05/20/2026 Form 144 filing date

Aggregate reported value $195,981.68 Aggregate value reported on Form 144

Shares to be sold 1,577 shares Common Stock described as restricted stock vesting

Vesting date 05/17/2025 Restricted stock vesting under a registered plan

Exchange NASDAQ Exchange listed in the filing

Identifier (possible CUSIP) 77954772 Identifier string present in the filing excerpt

Key Terms

Form 144, restricted stock vesting, registered plan

3 terms

Form 144 regulatory

"filed a Form 144 proposing the sale of 1,577 shares"

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 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.

registered plan regulatory

"vesting under a registered plan"

A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.

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	1577	195981.68	77954772	05/20/2026	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	05/17/2025	Restricted stock vesting under a registered plan	Issuer			1577	05/17/2025	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

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 Morgan Stanley Smith Barney LLC (FORM) report?

The Form 144 reports a proposed resale of 1,577 shares of Common Stock with an aggregate value of $195,981.68. It lists the shares as restricted stock vesting under a registered plan and shows a filing date of 05/20/2026.

When did the restricted shares vest according to the filing?

The filing indicates the restricted shares vested on 05/17/2025. The Form 144 describes the securities as restricted stock vesting under a registered plan and ties that vesting date to the shares offered for resale.

Who is listed as the seller or source of proceeds on this Form 144?

The Form 144 lists the seller/source as the issuer. The filing entry shows the sale is associated with the issuer under the registered plan; it does not disclose execution details or actual proceeds distribution.

Does this Form 144 confirm the shares were sold on the open market?

No; Form 144 notifies a proposed resale under Rule 144 but does not confirm execution. The filing shows intent to sell 1,577 shares, with market execution and proceeds not documented in this notice.