INSW (INSW) broker notice: 2,635 vested shares proposed for sale
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
INSW notice of proposed sale: 2,635 common shares associated with restricted stock that vested under a registered plan on 06/06/2024, submitted through Morgan Stanley Smith Barney LLC as broker. The form reflects a broker-facilitated sale notice filed on 03/03/2026.
Positive
- None.
Negative
- None.
Insights
Routine broker notice of a post-vesting sale of restricted shares.
The filing lists 2,635 common shares tied to restricted stock vesting on 06/06/2024, with the broker Morgan Stanley Smith Barney LLC indicated as the selling agent. This is a procedural notice required before resale under SEC rules.
Timing and cash flow details are not provided in the excerpt; subsequent transactional details would appear in a Form 4 if and when the sale occurs.
FAQ
What does Form 144 for INSW mean?
Form 144 notifies the SEC of a proposed sale of restricted or control stock. In this excerpt it lists 2,635 common shares tied to restricted stock vesting on 06/06/2024, filed through Morgan Stanley Smith Barney LLC on 03/03/2026.
Who is the broker handling the proposed sale for INSW?
The broker listed is Morgan Stanley Smith Barney LLC. The filing shows the broker's address and that it is the intermediary for the proposed sale of the restricted shares.
Why is the vesting date relevant on this Form 144?
The vesting date (06/06/2024) establishes when restricted shares became unrestricted and eligible for resale. The form ties the 2,635 shares to that vesting event under a registered plan.