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9,910-share 10b5-1 sale reported for LMB (NASDAQ: LMB)

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

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC filed a Form 144 reporting the sale of 9,910 shares of Common stock. The filing lists a 10b5-1 sale dated 03/17/2026 with proceeds shown as $778,551.40. The notice references Performance Stock Units dated 03/10/2025.

Positive

  • None.

Negative

  • None.

Insights

Routine Form 144 notice showing a 10b5-1 planned sale of 9,910 shares.

The filing records a sale under a 10b5-1 plan dated 03/17/2026, indicating 9,910 shares transacted with proceeds of $778,551.40. The entries reference Performance Stock Units dated 03/10/2025.

This is a routine insider disposition notice; cash‑flow treatment and post‑transaction holdings are not provided in the excerpt. Subsequent filings or Form 4/5 entries would show remaining ownership if disclosed.

Shares sold 9,910 shares 10b5-1 sale dated 03/17/2026
Proceeds shown $778,551.40 Amount listed alongside the 03/17/2026 10b5-1 sale
Related award Performance Stock Units Award dated 03/10/2025 tied to the 9,910 shares
Form 144 regulatory
"144: Filer Information 144: Issuer Information 144: Securities 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 JAYME BROOKS 797 Commonwealth Drive"
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.
Performance Stock Units financial
"Securities To Be Sold Common 03/10/2025 Performance Stock Units"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

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 LMB's Form 144 show about the sale?

It reports a sale of 9,910 shares under a 10b5-1 plan. The notice lists a 10b5-1 sale dated 03/17/2026 and shows proceeds of $778,551.40. The filing also references Performance Stock Units dated 03/10/2025.

Who is listed as the filer on the LMB Form 144?

Morgan Stanley Smith Barney LLC is the filer shown. The filing lists the broker address as 1 New York Plaza, 8th Floor, New York, NY and indicates the security as Common stock traded on NASDAQ.

Does the Form 144 indicate the transaction method?

The filing identifies the sale as a 10b5-1 plan sale. The entry explicitly states "10b5-1 Sales" for the named individual and lists the transaction date as 03/17/2026 alongside the share and dollar amounts.

Are Performance Stock Units involved in the transaction?

The document references Performance Stock Units dated 03/10/2025. The filing shows a line for "Performance Stock Units" with the same 9,910 share count, indicating the sale relates to those units in the provided excerpt.