Form 144: Baiju Bhatt trust files notices to sell shares (HOOD)

Rhea-AI Filing Summary

Company: Morgan Stanley Smith Barney LLC reported Form 144 entries related to proposed sales of Common stock tied to the Baiju Prafulkumar Bhatt Living Trust under 10b5-1 plans. The excerpt lists multiple proposed sale notices, including 67,422, 57,261, and 67,422 shares on 05/20/2026, 04/16/2026, and 03/20/2026, with dollar amounts shown alongside each entry.

Insights

Securities Attorney

Form 144 notices record proposed 10b5-1 sales by an affiliated trust.

These entries list proposed dispositions of Common shares by the Baiju Prafulkumar Bhatt Living Trust executed under 10b5-1 plans. The filing shows specific share counts and corresponding dollar values for the listed dates.

Because Form 144 is a notice of proposed sale, actual execution and settlement may differ; subsequent filings could show completed transactions and exact proceeds.

Key Figures

Proposed sale - 05/20/2026: 67,422 shares Proposed sale proceeds shown - 05/20/2026: $5,082,041.13 Proposed sale - 04/16/2026: 57,261 shares +4 more

7 metrics

Proposed sale - 05/20/2026 67,422 shares Proposed sale date <date>05/20/2026</date>

Proposed sale proceeds shown - 05/20/2026 $5,082,041.13 Dollar amount shown alongside 05/20/2026 entry

Proposed sale - 04/16/2026 57,261 shares Proposed sale date <date>04/16/2026</date>

Proposed sale proceeds shown - 04/16/2026 $4,946,062.03 Dollar amount shown alongside 04/16/2026 entry

Proposed sale - 03/20/2026 67,422 shares Proposed sale date <date>03/20/2026</date>

Proposed sale proceeds shown - 03/20/2026 $4,808,530.30 Dollar amount shown alongside 03/20/2026 entry

Broker-dealer listed Morgan Stanley Smith Barney LLC Filer information section

Key Terms

10b5-1, Form 144, Founders Shares

3 terms

10b5-1 regulatory

"10b5-1 Sales for BAIJU PRAFULKUMAR BHATT LIVING TRUST"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Form 144 regulatory

"144: Securities Sold During The Past 3 Months"

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.

Founders Shares market

"Common | 10/04/2018 | Founders Shares"

Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.

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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	65694	5673333.84	791184698	06/11/2026	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	10/04/2018	Founders Shares	Issuer			65694	10/04/2018	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for BAIJU PRAFULKUMAR BHATT LIVING TRUST 85 Willow Road Menlo Park CA 94025	Common	05/20/2026	67422	5082041.13
10b5-1 Sales for BAIJU PRAFULKUMAR BHATT LIVING TRUST 85 Willow Road Menlo Park CA 94025	Common	04/16/2026	57261	4946062.03
10b5-1 Sales for BAIJU PRAFULKUMAR BHATT LIVING TRUST 85 Willow Road Menlo Park CA 94025	Common	03/20/2026	67422	4808530.30

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 HOOD show about the trustee's planned sales?

The Form 144 entries show proposed sales by the Baiju Prafulkumar Bhatt Living Trust under 10b5-1 plans. It lists proposed sale notices of 67,422; 57,261; and 67,422 shares with associated dollar amounts on the listed dates.

Do the Form 144 entries confirm completed sales for HOOD?

No; Form 144 is a notice of proposed sale and does not by itself confirm settlement. The entries list proposed dates and amounts; later SEC filings would report whether the transactions were completed.

Who is the broker or dealer handling the proposed sales in this excerpt?

The excerpt names Morgan Stanley Smith Barney LLC as the broker/dealer associated with the Form 144 entries. The listing includes the broker address and NASDAQ as the market identifier in the excerpt.

Are the reported transactions tied to a 10b5-1 trading plan for HOOD insiders?

Yes; each listed disposition in the excerpt is labeled as a 10b5-1 sale for the Baiju Prafulkumar Bhatt Living Trust, indicating execution under pre-established trading arrangements.

What dollar values are associated with the listed proposed sales?

The excerpt shows dollar figures alongside each entry: 5,082,041.13, 4,946,062.03, and 4,808,530.30, corresponding to the respective share counts and dates listed in the filing.