Angelo Gordon accounts sell 857,033 MITN shares (MITN)
Rhea-AI Filing Summary
Angelo, Gordon & Co.-managed accounts reported a sale of Common Stock of MITN. The filing lists 857,033 shares sold on 02/18/2026 for $7,061,951.92.
The filing also shows an earlier transfer of 2,027,676 shares on 08/01/2025 described as payment in kind. The seller is identified as certain managed accounts and investment fund vehicles managed by Angelo, Gordon & Co., L.P.
Positive
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Negative
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Insights
Large block sale by Angelo, Gordon-managed accounts; transaction size is explicit.
The filing records a sale of 857,033 shares on 02/18/2026 for $7,061,951.92. The seller is identified as certain managed accounts and investment fund vehicles managed by Angelo, Gordon & Co., L.P.
Timing and exact disposition method beyond the sale date are not provided. Subsequent filings could disclose whether these shares were sold in the open market, in a block trade, or via other execution methods.
Document also notes a prior transfer of shares as payment in kind on 08/01/2025.
The excerpt shows 2,027,676 shares were acquired by the seller from the issuer on 08/01/2025 as consideration for an acquisition, described as payment in kind. That transfer is recorded separately from the sale reported on 02/18/2026.
Filings that follow may clarify whether the 2,027,676 shares remain outstanding with the seller or were partly the source of the 857,033 shares sold; timing and linkage are not specified in the provided excerpt.