STOCK TITAN

Jay Sharp 2,000-share 10b5-1 sale reported (LMB)

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 for proposed sales of Common Stock tied to Restricted Stock Units. The filing lists 4,871 Restricted Stock Units dated 01/01/2024 and discloses a 10b5-1 sale by Jay Sharp of 2,000 shares on 03/16/2026 with an aggregate amount of $159,971.20.

Positive

  • None.

Negative

  • None.

Insights

Routine disclosure of a pre-arranged sale under a 10b5-1 plan and RSU holdings.

The filing lists 4,871 Restricted Stock Units awarded with grant date 01/01/2024 and shows a reported 10b5-1 sale by Jay Sharp of 2,000 shares on 03/16/2026 for $159,971.20. This combines a current RSU balance disclosure with a recent controlled sale.

Cash‑flow treatment and remaining post‑transaction holdings are not provided in the excerpt; subsequent filings may show disposition details or remaining holdings.

Restricted Stock Units 4,871 shares grant date 01/01/2024
Shares sold (three months) 2,000 shares 10b5-1 sale on 03/16/2026
Aggregate sale amount $159,971.20 proceeds reported for the 2,000-share sale on 03/16/2026
Filer / Broker Morgan Stanley Smith Barney LLC listed intermediary on the Form 144 cover
Form 144 regulatory
"144: Filer 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 regulatory
"10b5-1 Sales for JAY SHARP"
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
"Securities To Be Sold ... Restricted Stock Units"
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.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

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 the LMB Form 144 disclose about recent insider sales?

The filing reports a 10b5-1 sale by Jay Sharp of 2,000 shares on 03/16/2026 for $159,971.20. It records this sale as a transaction within the three-month reporting window.

How many Restricted Stock Units are listed in the LMB filing?

The filing lists 4,871 Restricted Stock Units with a grant date of 01/01/2024. These RSUs are reported under the securities to be sold section in the excerpt.

Was the Jay Sharp sale executed under a trading plan?

Yes, the sale is identified as a 10b5-1 sale, indicating it was executed under a pre-arranged trading plan. The filing text labels the transaction as a 10b5-1 sale.

Does the filing state how much proceeds the issuer receives from these sales?

The excerpt provides an aggregate sale amount of $159,971.20 tied to the 2,000-share transaction. It does not state whether proceeds are received by the issuer or selling holder.

What date is associated with the RSU grant in the filing?

The Restricted Stock Units are dated 01/01/2024 in the securities-to-be-sold section. The filing pairs this grant date with the 4,871-unit amount.