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MITN (NYSE) Form 144 shows seller lists 2.03M shares; Angelo Gordon sales noted

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

Rhea-AI Filing Summary

MITN reported covered sales of Common Stock via Form 144. The filing lists 2,027,676 shares described as "Securities To Be Sold" acquired on 08/01/2025 as "Payment in kind." The filing also reports recent dispositions of 857,033 shares on 02/18/2026 and 165,353 shares on 03/02/2026, with gross proceeds recorded as 7,061,951.92 and 1,339,359.30 respectively.

Positive

  • None.

Negative

  • None.

Insights

Form 144 lists a planned resale of 2,027,676 shares and two recent dispositions.

The filing explicitly states 2,027,676 shares were acquired by the seller from the issuer as consideration for an acquisition on 08/01/2025 ("Payment in kind"). The record separates that position from recent sales of 857,033 and 165,353 shares on 02/18/2026 and 03/02/2026 respectively, with gross proceeds shown in the excerpt.

Timing and method details beyond the listed dates are not provided in the excerpt; cash‑flow treatment beyond the shown proceeds is not described in the provided text.

Reported transactions are disposals by selling holders, not an issuance by the company.

The excerpt lists sales by certain managed accounts and investment vehicles (Angelo, Gordon & Co., L.P.) totaling 1,022,386 shares across two recent dates and shows corresponding gross proceeds of 7,061,951.92 and 1,339,359.30 for each trade line. These are recorded as sales activity by holders, not primary proceeds to the issuer.

Further disclosure about remaining holdings, trading plans, or aggregation across holders is not shown in the provided content.

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 MITN's Form 144 disclose about share sales?

The Form 144 lists a planned resale of 2,027,676 shares acquired on 08/01/2025 and recent sales of 857,033 and 165,353 shares on 02/18/2026 and 03/02/2026 respectively.

Who executed the recent share dispositions reported in MITN's filing?

The excerpt shows dispositions by "Certain managed accounts and investment fund vehicles managed by Angelo, Gordon & Co., L.P." recorded on 02/18/2026 and 03/02/2026 with the listed share counts and gross proceeds.

Were the shares acquired from the issuer or purchased in the market?

The filing states 2,027,676 shares were "originally acquired by Seller from Issuer as consideration for Issuer's acquisition of certain LLC interests" on 08/01/2025 (described as "Payment in kind").

Do the Form 144 proceeds go to the company (MITN)?

The excerpt records gross proceeds for specific dispositions but does not state that proceeds were received by the issuer; the reported trades are by selling holders and not described as primary proceeds to the company in the provided text.

How many shares were sold by Angelo, Gordon & Co. in the past three months?

The provided excerpt lists sales by Angelo, Gordon & Co. vehicles of 857,033 shares on 02/18/2026 and 165,353 shares on 03/02/2026, totaling 1,022,386 shares in the two recorded transactions.
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