Morgan Stanley Smith Barney sells 27,488 shares (MRAM) via Form 144

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC Executive Financial Services filed a Form 144 to sell 27,488 shares of Common Stock. The filing lists an aggregate value of $793,548.32 and shows the securities are listed on NASDAQ with a filing date of 05/20/2026. The sale references restricted stock grants dated 05/10/2022 (15,213 shares) and 05/19/2021 (12,275 shares).

Insights

Securities Compliance Analyst

Form 144 reports a proposed sale of 27,488 restricted shares with an aggregate value of $793,548.32.

The filing lists the broker/dealer name and classification of the securities as Restricted Stock, with two grant dates: 05/10/2022 (15,213 shares) and 05/19/2021 (12,275 shares). The filing identifies NASDAQ as the exchange and a filing date of 05/20/2026.

Cash‑flow treatment and whether the sales are immediate or subject to conditions are not stated in the excerpt; subsequent filings or trade reports would show execution details.

Key Figures

Shares proposed for sale: 27,488 shares Aggregate value: $793,548.32 Shares by grant date: 15,213 shares (05/10/2022); 12,275 shares (05/19/2021) +1 more

4 metrics

Shares proposed for sale 27,488 shares aggregate proposed sale listed on Form 144

Aggregate value $793,548.32 aggregate value shown on Form 144

Shares by grant date 15,213 shares (05/10/2022); 12,275 shares (05/19/2021) restricted stock grant dates and quantities listed in the filing

Exchange / Filing date NASDAQ; 05/20/2026 exchange and filing date shown on the excerpt

Key Terms

Restricted Stock, Form 144, Aggregate value

3 terms

Restricted Stock regulatory

"Restricted Stock | Issuer | 15,213 | 05/10/2022"

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.

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.

Aggregate value financial

"27488 | 793548.32 | 23447577 | 05/20/2026"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	27488	793548.32	23447577	05/20/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/10/2022	Restricted Stock	Issuer			15213	05/10/2022	Not Applicable
Common	05/19/2021	Restricted Stock	Issuer			12275	05/19/2021	Not Applicable

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the MRAM Form 144 disclose about the sale?

It discloses a proposed sale of 27,488 shares of Common Stock with an aggregate value of $793,548.32. The filing lists two restricted stock grant dates: 05/10/2022 (15,213 shares) and 05/19/2021 (12,275 shares).

Who is the filer named on the MRAM Form 144?

The filer is listed as Morgan Stanley Smith Barney LLC Executive Financial Services. The filing shows the broker/dealer address at 1 New York Plaza, New York, NY, and the exchange as NASDAQ on 05/20/2026.

Does the Form 144 state how the proceeds will be used?

The excerpt does not state any use of proceeds. It provides the aggregate dollar amount $793,548.32 and share counts but does not attach a proceeds recipient or use description in the provided text.

Which specific securities are being offered for sale in the filing?

The filing lists Common stock classified as Restricted Stock, tied to grant dates 05/10/2022 (15,213 shares) and 05/19/2021 (12,275 shares), totaling 27,488 shares proposed for sale.