Dominic Phillips to sell 46,758 IOT shares (NYSE: IOT)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Dominic Phillips filed a Form 144 through Morgan Stanley Smith Barney LLC to offer 46,758 shares of Common Stock (reported as Restricted Stock Units) for sale. The filing lists the planned sale date as 06/10/2026. The notice also discloses two prior 10b5-1 sales: 19,547 shares on 06/05/2026 for $691,764.42 and 19,547 shares on 05/01/2026 for $586,410.00.
Positive
- None.
Negative
- None.
Key Figures
Shares offered: 46,758 shares
Prior 10b5-1 sale (Jun): 19,547 shares
Prior 10b5-1 sale (May): 19,547 shares
3 metrics
Shares offered
46,758 shares
Planned sale date <date>06/10/2026</date>
Prior 10b5-1 sale (Jun)
19,547 shares
<date>06/05/2026</date> for <money>$691,764.42</money>
Prior 10b5-1 sale (May)
19,547 shares
<date>05/01/2026</date> for <money>$586,410.00</money>
Key Terms
Form 144, 10b5-1 Sales, Restricted Stock Units
3 terms
Form 144 regulatory
"144: Filer Information | 144: Issuer 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.
10b5-1 Sales regulatory
"10b5-1 Sales for DOMINIC PHILLIPS ... | Common | 06/05/2026"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Restricted Stock Units financial
"Common | 06/10/2026 | Restricted 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.
FAQ
Who is the reporting party in the IOT Form 144 and which broker filed it?
The sales are reported for Dominic Phillips, and the filing lists Morgan Stanley Smith Barney LLC as the broker/filer. The broker's address is shown as 1 New York Plaza, 8th Floor, New York, NY.
Does the filing show recent sales by the same person for IOT?
Yes. The notice lists two prior 10b5-1 sales by Dominic Phillips: 19,547 shares on 06/05/2026 for $691,764.42 and 19,547 shares on 05/01/2026 for $586,410.00.
What trading venue and date stamps appear on the IOT Form 144?
The filing includes a listing of NYSE as the exchange and a form date of 07/01/2026. The planned sale is listed with an effective/offer date of 06/10/2026 in the excerpt.