Trust sells 15,000 shares; MBIN (reported sale, 02/26/2026)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
The Charles Schwab Corporation Rule 144 notice reports a sale of 15,000 shares of Common Stock by Michael F Petrie Revocable Trust on 02/26/2026 for $660,697.86. The filing lists Restricted Stock Awards dated 02/01/2025 (23,212 shares) and 02/01/2026 (20,122 shares) as securities noted on the form.
Positive
- None.
Negative
- None.
Key Figures
Shares sold: 15,000 shares
Aggregate proceeds: $660,697.86
Restricted Stock Award (2025): 23,212 shares
+1 more
4 metrics
Shares sold
15,000 shares
Sale date 02/26/2026 by Michael F Petrie Revocable Trust
Aggregate proceeds
$660,697.86
Proceeds reported for the 15,000-share sale on 02/26/2026
Restricted Stock Award (2025)
23,212 shares
Restricted Stock Award dated 02/01/2025 listed on the form
Restricted Stock Award (2026)
20,122 shares
Restricted Stock Award dated 02/01/2026 listed on the form
Key Terms
Restricted Stock Award, Rule 144, Aggregate proceeds
3 terms
Restricted Stock Award financial
"Restricted Stock Award | Issuer | 02/01/2025 | 23,212"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Rule 144 regulatory
"144: Securities Sold During The Past 3 Months"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Aggregate proceeds financial
"15000 | 660697.86"
FAQ
What does the MBIN Form 144 say about the sale on 02/26/2026?
It reports a sale of 15,000 shares for $660,697.86. The filing identifies the seller as Michael F Petrie Revocable Trust and records the trade date as 02/26/2026, with the reported aggregate sale proceeds shown as $660,697.86.
Which securities are listed as restricted awards in this Form 144?
Two Restricted Stock Awards are listed. One award dated 02/01/2025 for 23,212 shares and one dated 02/01/2026 for 20,122 shares appear under the securities section of the filing.
Who is identified as the seller in the filing for MBIN?
The seller is Michael F Petrie Revocable Trust. The trust's address is shown and it is recorded as the party selling 15,000 shares on 02/26/2026, with the aggregate amount reported in the filing.
Does the Form 144 show where proceeds were paid or who received them?
The filing lists aggregate proceeds but does not state recipient details beyond the seller. It shows $660,697.86 as the aggregate amount for the 15,000-share sale; no further cash-flow recipient details are provided in the excerpt.