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Dominic Phillips sells under 10b5-1; IOT Form 144 shows dates and proceeds (IOT)

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

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC Executive Financial Services filed a Form 144 notice relating to proposed sales of Common stock tied to Restricted Stock Units dated 03/10/2026. The filing also lists completed 10b5-1 sales by Dominic Phillips: $565,122.63 for 17,808 shares on 03/06/2026, $534,240.00 for 17,808 shares on 03/05/2026, and $628,184.15 for 18,348 shares on 01/02/2026.

Positive

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Insights

Form 144 records proposed and recent sales under a 10b5-1 arrangement.

The filing lists a proposed sale of Common stock tied to Restricted Stock Units dated 03/10/2026, and documents three completed 10b5-1 transactions by Dominic Phillips totaling $1,727,546.78 across 53,964 shares.

These entries are procedural notices required for broker-assisted distributions; cash‑flow and purchaser identities are not specified in the excerpt. Subsequent regulatory filings or broker confirmations would show final settlement details.

Proceeds — 03/06/2026 $565,122.63 10b5-1 sale, 17,808 shares
Proceeds — 03/05/2026 $534,240.00 10b5-1 sale, 17,808 shares
Proceeds — 01/02/2026 $628,184.15 10b5-1 sale, 18,348 shares
Aggregate disclosed proceeds $1,727,546.78 Sum of three listed 10b5-1 sales
Issuer RSU date 03/10/2026 Restricted Stock Units issuer date shown on Form 144
Shares disclosed sold 53,964 shares Total of three listed sales: 17,808; 17,808; 18,348
10b5-1 regulatory
"10b5-1 Sales for DOMINIC PHILLIPS 1 DE HARO STREET"
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.
Restricted Stock Units financial
"Restricted Stock Units | Issuer | 03/10/2026"
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.
Form 144 regulatory
"144: Securities To Be Sold"
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.

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 IOT's Form 144 filing show about recent insider sales?

It reports three completed 10b5-1 sales and a proposed RSU-based sale. The filing lists sales on 03/06/2026, 03/05/2026, and 01/02/2026 totaling $1,727,546.78 for 53,964 shares.

Who executed the 10b5-1 sales disclosed in the IOT filing?

Dominic Phillips is named as the seller for the disclosed trades. The excerpt lists his address and three 10b5-1 sale lines with share counts of 17,808, 17,808, and 18,348 on the specified dates.

What security type and dates are linked to the proposed sale in the IOT Form 144?

The proposed sale involves Common stock tied to Restricted Stock Units. The filing shows the security type as Restricted Stock Units with an issuer date of 03/10/2026 on the Form 144 cover lines.

How much cash did the 10b5-1 sales generate in the IOT filing?

The three disclosed 10b5-1 sales generated $1,727,546.78 in aggregate. Individual proceeds listed are $565,122.63, $534,240.00, and $628,184.15 on the three reported dates.