STOCK TITAN

GBTG (NYSE) Form 144 shows 8,745-share resale via Morgan Stanley

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

Rhea-AI Filing Summary

Company reported a Form 144 filing disclosing the proposed sale of 8,745 shares of Common Stock by an issuer-related holder. The filing lists Restricted Stock Vesting Under a Registered Plan with an original vesting/issue date of 09/01/2023. The broker shown is Morgan Stanley Smith Barney LLC and the exchange is listed as NYSE.

Positive

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Negative

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Insights

Routine Form 144 sale filing tied to vested restricted stock.

The filing lists 8,745 shares described as "Restricted Stock Vesting Under a Registered Plan" with an issuer designation and a vesting/issue date of 09/01/2023. The broker is identified as Morgan Stanley Smith Barney LLC.

These details indicate a planned resale of vested shares; timing, execution method, and proceeds recipients are not specified in the provided excerpt.

Form type Form 144 SEC notice of proposed sale
Shares to be sold 8,745 shares Restricted Stock Vesting Under a Registered Plan, 09/01/2023
Broker Morgan Stanley Smith Barney LLC Listed intermediary, 1 New York Plaza
Exchange NYSE Exchange listed on the filing
Vesting/issue date 09/01/2023 Date tied to restricted stock vesting
Restricted Stock Vesting Under a Registered Plan regulatory
"Restricted Stock Vesting Under a Registered Plan | Issuer"
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.
Broker/Dealer financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
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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 GBTG's Form 144 disclose about the transaction?

The Form 144 discloses a proposed resale of 8,745 shares of Common Stock tied to "Restricted Stock Vesting Under a Registered Plan" dated 09/01/2023. The filing names Morgan Stanley Smith Barney LLC as broker and lists the exchange as NYSE.

Who is listed as the broker for the sale on the Form 144?

The filing lists Morgan Stanley Smith Barney LLC at 1 New York Plaza, New York, NY. That broker/agent is the intermediary shown for the proposed resale of the 8,745 shares on the Form 144 excerpt.

Are these shares newly issued or from vested restricted stock for GBTG?

The Form 144 explicitly describes the securities as "Restricted Stock Vesting Under a Registered Plan" with the date 09/01/2023, indicating these shares originated from restricted stock that vested under a registered plan on that date.

Does the Form 144 excerpt state the sale proceeds recipient or execution timing?

The provided excerpt does not state the sale proceeds recipient or definitive execution timing. It lists the shares and vesting detail but does not specify when or how the transactions will be executed or who receives proceeds.