STOCK TITAN

FORM: Director/holder files Rule 144; 2,528 shares vest on 05/16/2026

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

Rhea-AI Filing Summary

Rule 144 notice filed relating to proposed resale of Common shares tied to restricted stock vesting under a registered plan. The filing lists 2,528 shares associated with a 05/16/2026 vesting event and records recent sales by Kevin J. Brewer and a related trust.

The excerpt shows prior dispositions of 4,000 shares on 05/26/2026 for $547,410.00 and 1,577 shares on 05/20/2026 for $195,981.68. The notice is administrative and documents proposed or recent resale activity under Rule 144.

Positive

  • None.

Negative

  • None.

Insights

Routine Rule 144 resale notice documenting vesting and recent dispositions.

The filing records a 05/16/2026 restricted stock vesting of 2,528 shares under a registered plan and shows recent sales by Kevin J. Brewer and an associated revocable trust. This is typical compliance disclosure under resale rules.

Key dependencies include confirmation of holding periods, transfer restrictions, and compliance with Rule 144 resale conditions; timing and cash‑flow treatment are described by the sales lines in the excerpt.

Vesting shares 2,528 shares Restricted stock vesting under a registered plan on 05/16/2026
Sale by Kevin J. Brewer 4,000 shares Sale dated 05/26/2026
Proceeds from 4,000‑share sale $547,410.00 Gross amount recorded for sale on 05/26/2026
Sale by Kevin J. Brewer Revocable Trust 1,577 shares Sale dated 05/20/2026
Proceeds from 1,577‑share sale $195,981.68 Gross amount recorded for sale on 05/20/2026
Filer address/agent Morgan Stanley Smith Barney LLC Broker/dealer address shown for filings (New York Plaza)
Rule 144 regulatory
"Restricted Stock Vesting Under a Registered Plan"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted stock vesting financial
"Securities To Be Sold | 05/16/2026 | Restricted Stock Vesting"
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.
Revocable Trust legal
"KEVIN J BREWER REVOCABLE TRUST 7005 Southfront Road"
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.
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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 Form 144 for FORM indicate?

It notifies the market of a proposed resale under Rule 144. The filing lists 2,528 shares vesting on 05/16/2026 and records recent sales by the reporting holder as part of required resale disclosures.

How many shares are shown as vesting in the filing for FORM?

The filing shows 2,528 shares tied to a restricted stock vesting event under a registered plan on 05/16/2026. This figure is presented on the "Securities To Be Sold" line in the excerpt.

What recent transactions by Kevin J. Brewer are recorded?

The excerpt records a sale of 4,000 shares on 05/26/2026 with gross proceeds of $547,410.00 and a sale of 1,577 shares on 05/20/2026 for $195,981.68, attributed to a related trust.

Does the Form 144 show who receives proceeds from sales?

The sale lines list the reporting persons and dollar amounts but do not state an issuer receipt. The excerpt attributes proceeds to the selling holders; cash‑flow treatment beyond the sale amounts is not detailed in the excerpt.

Is the 2,528‑share vesting amount being registered or offered here?

The filing lists the 2,528 shares under "Securities To Be Sold" as a vesting event tied to a registered plan on 05/16/2026. The notice documents the restricted stock vesting and proposed resale under Rule 144.