MPLT (MPLT) insider Jonathan Gillis plans $687K sale under Form 144
Rhea-AI Filing Summary
Insider Jonathan Pratt Gillis filed a notice to sell common stock of the company with ticker MPLT. The planned sale covers 18,469 shares of common stock, with an estimated value of $687,416.18, to be executed through Morgan Stanley Smith Barney LLC, listed for July 17, 2026.
The shares relate to Restricted Stock Units dated July 1, 2026. Over the prior three months, Gillis also reported Form 144 sales of 18,510 shares for $678,128.96 on July 15, 2026, 17,935 shares for $544,370.29 on April 28, 2026, and 51,900 shares for $1,543,288.02 on April 27, 2026, each noted as 10b5-1 plan sales.
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Key Figures
Shares to be sold: 18,469 shares
Estimated sale value: $687,416.18
Prior sale 07/15/2026: 18,510 shares for $678,128.96
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7 metrics
Shares to be sold
18,469 shares
Common stock covered by current Form 144 notice
Estimated sale value
$687,416.18
Estimated aggregate value of 18,469 shares to be sold
Prior sale 07/15/2026
18,510 shares for $678,128.96
10b5-1 sale of common stock on July 15, 2026
Prior sale 04/28/2026
17,935 shares for $544,370.29
10b5-1 sale of common stock on April 28, 2026
Prior sale 04/27/2026
51,900 shares for $1,543,288.02
10b5-1 sale of common stock on April 27, 2026
RSU grant date
07/01/2026
Restricted Stock Units related to the 18,469 shares
Planned sale date
07/17/2026
Date associated with the planned Form 144 sale
Key Terms
Form 144, Restricted Stock Units, 10b5-1, Executive Financial Services
4 terms
Form 144 regulatory
"Filer Information | | | 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 Units financial
"Common | 07/01/2026 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 regulatory
"10b5-1 Sales for JONATHAN PRATT GILLIS 800 Chesapeake"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 144 filing by MPLT insider Jonathan Pratt Gillis report?
The Form 144 reports that Jonathan Pratt Gillis intends to sell 18,469 shares of MPLT common stock, valued at $687,416.18, with Morgan Stanley Smith Barney LLC involved in the transaction scheduled for July 17, 2026.
What prior MPLT stock sales by Jonathan Pratt Gillis are disclosed in this Form 144?
The filing lists prior sales of 18,510 shares for $678,128.96 on July 15, 2026, 17,935 shares for $544,370.29 on April 28, 2026, and 51,900 shares for $1,543,288.02 on April 27, 2026, all under a 10b5-1 plan.
Is the MPLT insider’s Form 144 sale under a Rule 10b5-1 trading plan?
The historical sales disclosed—on April 27, 2026, April 28, 2026, and July 15, 2026—are explicitly labeled as 10b5-1 Sales for Jonathan Pratt Gillis, indicating execution under a Rule 10b5-1 trading plan.
What type of MPLT security is covered by Jonathan Pratt Gillis’s Form 144?
The filing covers common stock of MPLT. The 18,469 shares indicated for sale are tied to Restricted Stock Units with a date of July 1, 2026, and will be sold via Morgan Stanley Smith Barney LLC.
Which broker is associated with the MPLT Form 144 sale by Jonathan Pratt Gillis?
The Form 144 identifies Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, in connection with the planned sale of 18,469 MPLT common shares.