Morgan Stanley SB (NASDAQ: FTNT) files Form 144 to sell 596 shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Morgan Stanley Smith Barney LLC submitted a Form 144 notice reporting the proposed sale of 596 shares of Common stock (from Restricted Stock Units and Performance Stock Units) with a transaction date of 05/01/2026 and a filing date of 05/05/2026. The securities are listed on NASDAQ.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 596 shares
Transaction date: 05/01/2026
Filing date: 05/05/2026
3 metrics
Shares to be sold
596 shares
Proposed sale from RSUs and PSUs on 05/01/2026
Transaction date
05/01/2026
Date of the securities sale reported on the notice
Filing date
05/05/2026
Form 144 filing date recorded in the excerpt
Key Terms
Restricted Stock Units, Performance Stock Units, Form 144
3 terms
Restricted Stock Units financial
"Restricted Stock Units and Performance Stock Units | Issuer"
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.
Performance Stock Units financial
"Restricted Stock Units and Performance Stock Units | Issuer"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
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.
FAQ
What does the FTNT Form 144 filed by Morgan Stanley Smith Barney LLC report?
It reports a proposed sale of 596 Common shares from RSUs and PSUs on 05/01/2026. The filing is a notice under Rule 144 listing the securities type, the transaction date 05/01/2026, and the filing date 05/05/2026.
Who is the filer on the FTNT Form 144 and what role is shown?
The filer is Morgan Stanley Smith Barney LLC, identified as the reporting broker/dealer. The form lists the broker address and indicates the broker is the filer of the Rule 144 notice for the proposed sale on 05/01/2026.
Does the FTNT Form 144 state when the sale was or will be executed?
Yes, the form indicates a transaction date of 05/01/2026 for the proposed sale and shows a filing date of 05/05/2026. The document is a notification of the planned sale under Rule 144.
Will the company receive proceeds from the sale reported on the FTNT Form 144?
The filing indicates these are securities sold by an affiliate via a broker notice; it does not state the company receives proceeds. Form 144s typically report affiliate sales rather than issuer proceeds.