Morgan Stanley lists KLRS restricted stock vesting parcels (KLRS) in Form 144 notice

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 reporting proposed sales tied to multiple parcels of restricted Common stock that vest under a registered plan. The notice lists individual vesting dates and share quantities, including 1,098 shares vesting on 03/18/2025 and smaller tranches across 2024–2025.

The filing enumerates vesting events labeled "Restricted stock vesting under a registered plan" with specific dates and share counts; these entries reflect planned dispositions associated with service‑based vesting rather than an open‑market transaction detail or aggregate registered amount.

Insights

Securities Counsel

Routine Form 144 notice listing vested restricted shares and proposed sales.

The filing lists multiple vesting events for Common stock under a registered plan, each with a date and share count. The filings are structured as notices of proposed sales tied to vesting; they do not in themselves consummate sales.

Regulatory effect: these entries preserve an affiliate's right to sell under Rule 144 when conditions are met. Subsequent transaction details and proceeds treatment are expected in later trade reports or issuer disclosures.

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	1915	12868.80	22928303	03/20/2026	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	07/01/2024	Restricted stock vesting under a registered plan	Issuer			15	07/01/2024	Services Rendered
Common	10/18/2024	Restricted stock vesting under a registered plan	Issuer			26	10/18/2024	Services Rendered
Common	10/01/2024	Restricted stock vesting under a registered plan	Issuer			15	10/01/2024	Services Rendered
Common	05/02/2024	Restricted stock vesting under a registered plan	Issuer			105	05/02/2024	Services Rendered
Common	02/02/2025	Restricted stock vesting under a registered plan	Issuer			101	02/02/2025	Services Rendered
Common	07/19/2024	Restricted stock vesting under a registered plan	Issuer			26	07/19/2024	Services Rendered
Common	02/16/2024	Restricted stock vesting under a registered plan	Issuer			32	02/16/2024	Services Rendered
Common	11/02/2024	Restricted stock vesting under a registered plan	Issuer			94	11/02/2024	Services Rendered
Common	03/18/2025	Restricted stock vesting under a registered plan	Issuer			1098	03/18/2025	Services Rendered
Common	08/16/2024	Restricted stock vesting under a registered plan	Issuer			30	08/16/2024	Services Rendered
Common	05/16/2024	Restricted stock vesting under a registered plan	Issuer			30	05/16/2024	Services Rendered
Common	04/19/2024	Restricted stock vesting under a registered plan	Issuer			26	04/19/2024	Services Rendered
Common	07/18/2024	Restricted stock vesting under a registered plan	Issuer			26	07/18/2024	Services Rendered
Common	01/19/2025	Restricted stock vesting under a registered plan	Issuer			55	01/19/2025	Services Rendered
Common	10/19/2024	Restricted stock vesting under a registered plan	Issuer			26	10/19/2024	Services Rendered
Common	01/01/2025	Restricted stock vesting under a registered plan	Issuer			14	01/01/2025	Services Rendered
Common	11/16/2024	Restricted stock vesting under a registered plan	Issuer			30	11/16/2024	Services Rendered
Common	02/16/2025	Restricted stock vesting under a registered plan	Issuer			32	02/16/2025	Services Rendered
Common	08/02/2024	Restricted stock vesting under a registered plan	Issuer			92	08/02/2024	Services Rendered
Common	04/18/2024	Restricted stock vesting under a registered plan	Issuer			26	04/18/2024	Services Rendered
Common	04/01/2024	Restricted stock vesting under a registered plan	Issuer			16	04/01/2024	Services Rendered

* 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 Morgan Stanley's Form 144 for KLRS show?

It lists proposed sales tied to multiple restricted Common stock vesting events. The notice includes specific vesting dates and share counts, for example 1,098 shares on 03/18/2025, and numerous smaller tranches dated in 2024 and 2025.

Does the Form 144 mean KLRS shares were already sold?

No, the Form 144 is a notice of proposed sale associated with vested restricted shares. It enumerates vesting events and share quantities but does not itself report completed open‑market sales or aggregate proceeds.

Which vesting parcels are largest in the filing for KLRS?

The largest single parcel shown is 1,098 shares vesting on 03/18/2025. The filing also shows multiple smaller tranches (for example, 105 shares on 05/02/2024 and 101 shares on 02/02/2025), each listed with a vesting date.

Are the listed KLRS shares described as restricted or unrestricted?

They are described as "Restricted stock vesting under a registered plan", indicating the entries reflect service‑based vesting events under the issuer's registered plan rather than already free trading unrestricted shares.

Will the Form 144 show how proceeds are used for KLRS?

The filing enumerates vesting dates and share counts but does not provide instructions on use of sale proceeds. Details about proceeds or completed transactions would appear in subsequent trade reports or issuer disclosures.