STOCK TITAN

ERIC MCGINNIS Trust lists sales of 38,082 MOD shares (MOD)

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

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC reported proposed sales of Common shares under Rule 144 on behalf of holders, including the ERIC MCGINNIS REVOCABLE TRUST. The filing lists 24,002 shares reported on 06/01/2026 and 14,080 shares reported on 05/29/2026, with corresponding gross proceeds shown in the excerpt.

Positive

  • None.

Negative

  • None.

Insights

Rule 144 notice of proposed resale by a trust; routine compliance filing.

The filing lists proposed sales of restricted or control securities by a broker on behalf of holders, with specific sale dates and share counts provided. It documents transactional details required by Rule 144 rather than a change in company operations or financing.

Cash‑flow treatment and ultimate sale execution are not detailed in the excerpt; subsequent SEC filings or trade confirmations would show whether these proposed sales were completed.

Numbers indicate modest single‑holder dispositions, not a shelf or issuer offering.

The excerpt shows two reported transactions by the ERIC MCGINNIS REVOCABLE TRUST totaling 38,082 shares across two dates. The filing names the broker and class (Common) and includes gross proceeds figures in the excerpt.

These are holder resale notices; their market impact depends on whether and when the broker executes the listed sales.

Shares reported (06/01/2026) 24,002 shares Reported sale date <date>06/01/2026</date>
Gross proceeds (06/01/2026) $6,909,928.58 Proceeds tied to 24,002 shares on <date>06/01/2026</date>
Shares reported (05/29/2026) 14,080 shares Reported sale date <date>05/29/2026</date>
Gross proceeds (05/29/2026) $3,946,060.80 Proceeds tied to 14,080 shares on <date>05/29/2026</date>
Total example shares shown 38,082 shares Sum of the two holder rows in the excerpt (examples shown)
Form type Form 144 Rule 144 notice of proposed resale
Form 144 regulatory
"144: Filer 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.
Restricted Stock financial
"Common | 05/31/2026 | Restricted Stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Issuer legal
"Restricted Stock | Issuer"
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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 this Form 144 for MOD report?

This Form 144 reports proposed resale of Common shares by holders. It lists 24,002 shares on 06/01/2026 and 14,080 shares on 05/29/2026, with gross proceeds shown in the excerpt.

Who is the selling holder named in the MOD excerpt?

The excerpt names the ERIC MCGINNIS REVOCABLE TRUST as a reporting holder. The trust is shown as reporting sales of Common shares on 05/29/2026 and 06/01/2026.

Does this filing mean the company is issuing new shares (MOD)?

No. The filing documents proposed resales by holders, not an issuer offering. The excerpt identifies these as holder sales associated with Rule 144 procedures, not company issuance.

What gross proceeds are shown for the reported sales?

The excerpt lists gross proceeds of $6,909,928.58 for 24,002 shares (06/01/2026) and $3,946,060.80 for 14,080 shares (05/29/2026) in the provided lines.