MMSI Form 144: 2,433 shares sold on NASDAQ via Morgan Stanley
Rhea-AI Filing Summary
Merit Medical Systems (MMSI) submitted a Form 144 reporting a proposed sale of 2,433 common shares, with an aggregate market value of $206,535.91. The shares are listed on NASDAQ and the filing shows 59,219,117 shares outstanding for the issuer, indicating the position sold is a very small fraction of the company’s total shares. The securities were acquired and are being sold on 08/11/2025 as a result of a stock option exercise, and payment was in cash. The sale is to be executed through Morgan Stanley Smith Barney LLC, Executive Financial Services at 1 New York Plaza, New York.
The filing indicates Nothing to Report for securities sold in the past three months. The provided content does not identify the named seller or filer CIK in the visible text. The notice includes the standard attestation that the seller does not possess undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale from an option exercise; amount is immaterial relative to outstanding shares, so market impact is likely neutral.
The filing reports a proposed sale of 2,433 common shares valued at $206,535.91, acquired and sold on 08/11/2025 via stock option exercise and paid in cash. The broker is disclosed as Morgan Stanley Smith Barney LLC. With 59,219,117 shares outstanding, the position disclosed is a very small portion of the capital base. There are no reported sales in the prior three months. From a market perspective, this appears to be a routine liquidity event rather than a material change to ownership or capitalization.
TL;DR: Form 144 filing shows compliance with Rule 144; key transactional details are present but the seller identity is not visible in the provided text.
The form documents the mechanics of the transaction: acquisition by stock option exercise, immediate sale via a registered broker, and cash payment. The filing contains the required seller attestation regarding material nonpublic information. The visible content does not show the filer CIK or the named account holder, which are details often included elsewhere in the full filing. Overall, the disclosure meets the core requirements shown here and suggests a standard, compliant insider transaction.