Broker-dealer files Form 144 for HCSG (NASDAQ: HCSG) restricted-share sales

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 notice to sell restricted common stock tied to HCSG. The notice lists multiple restricted stock lots, including 858 shares dated 01/03/2026 and 649 shares dated 01/03/2026, with additional lots of 389, 490, and 104 shares on 01/04/2026 and 02/24/2026

Insights

Securities Counsel

Form 144 lists proposed sales of restricted HCSG common shares by a broker-dealer for an issuer-related holder.

The filing records multiple restricted-stock lots with specific share counts and trade dates, including 858 and 649 shares dated 01/03/2026. The notice is a regulatory disclosure of intended resale, not a confirmation of completed transactions.

Timing and proceeds are not stated in the excerpt; subsequent filings or trade reports will show whether these sales occurred.

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	2490	54145.05	70267582	02/26/2026	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	01/03/2026	Restricted Stock	Issuer			858	01/03/2026	Not Applicable
Common	01/03/2026	Restricted Stock	Issuer			649	01/03/2026	Not Applicable
Common	01/04/2026	Restricted Stock	Issuer			389	01/04/2026	Not Applicable
Common	02/24/2026	Restricted Stock	Issuer			490	02/24/2026	Not Applicable
Common	01/04/2026	Restricted Stock	Issuer			104	01/04/2026	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

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 filing mean for HCSG?

It notifies the SEC of proposed sales of restricted HCSG common stock. The filing lists specific lots and dates, which disclose intended resale by a broker-dealer rather than completed trades.

How many HCSG shares are listed in this Form 144 example?

The excerpt lists multiple restricted-stock lots including 858 and 649 shares. Additional lots shown are 389, 490, and 104 shares with their trade dates.

Who is the filer listed for HCSG in this Form 144?

The filer is Morgan Stanley Smith Barney LLC at 1 New York Plaza. The entry appears under the broker-dealer/filing agent section of the Form 144 excerpt.

Do Form 144 notices report completed sales for HCSG?

No; Form 144 reports proposed or intended sales of restricted or control securities. The excerpt shows intended lots and dates but does not confirm whether trades were executed.

Are dollar proceeds or sale prices included in this HCSG Form 144 excerpt?

No; the provided excerpt lists share counts and dates but does not include sale prices or aggregate proceeds for the listed HCSG lots.