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