MUSA (NYSE) affiliate notifies sale of 26,000 shares via JP Morgan
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
MUSA filing a Form 144 to report an intended sale of 26,000 shares of Common Stock by an affiliated holder. The notice lists two block entries: 21,772 shares acquired 11/11/2002 and 4,228 shares acquired 06/03/2005. The broker of record is JP Morgan Securities LLC and the exchange is NYSE.
Positive
- None.
Negative
- None.
Insights
Routine Form 144 filing reporting a proposed sale of restricted/affiliated shares.
Form 144 notifies the market of an intended sale by an affiliate; it does not itself execute a trade. The filing lists the broker (JP Morgan Securities LLC) and the aggregate notice quantity of 26,000 shares.
Timing and proceeds are not in the excerpt; subsequent Form 4 or trade reports would show actual dispositions and cash flow. Future filings may report execution details.
Key Figures
Noticed shares: 26,000 shares
Lot 1: 21,772 shares
Lot 2: 4,228 shares
+2 more
5 metrics
Noticed shares
26,000 shares
aggregate quantity listed in the Form 144 notice
Lot 1
21,772 shares
acquired 11/11/2002
Lot 2
4,228 shares
acquired 06/03/2005
Broker of record
JP Morgan Securities LLC
listed on the Form 144 cover block
Exchange
NYSE
exchange identified on the filing
Key Terms
Form 144, Restricted securities, Broker of record
3 terms
Form 144 regulatory
"Notice of proposed sale of restricted/affiliated securities"
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 securities financial
"Securities acquired from compensation on 11/11/2002 and 06/03/2005"
Restricted securities are shares or other investment instruments that come with legal or contractual limits on when and how they can be sold, like stock given to founders or bought in a private offering. Think of them as assets in a locked box that can’t be freely traded until certain conditions — such as a waiting period, company registration, or specific approvals — are met. For investors this matters because restricted securities are less liquid and can affect timing, price, and perceived value when they eventually enter the market.
Broker of record market
"JP Morgan Securities LLC listed as broker for proposed sale"
A broker of record is the single broker or firm officially authorized to manage an investor’s account, execute trades and receive related communications and fees on behalf of that account. It matters because whoever holds that designation controls who handles orders, gets paid for advice or commissions, and can access account information—similar to choosing a primary agent to handle your taxes or a primary doctor to coordinate care, which affects costs and how decisions are made.
FAQ
What does MUSA's Form 144 report?
It reports a proposed sale of 26,000 shares of Common Stock by an affiliated holder. The filing lists two lots: 21,772 and 4,228, with acquisition dates in 2002 and 2005.
Who is the broker handling the proposed sale for MUSA?
The broker of record is listed as JP Morgan Securities LLC at 270 Park Avenue. The filing identifies the broker but does not disclose execution timing or proceeds.
What acquisition dates are listed for the blocks in MUSA's notice?
The filing shows two acquisition dates: 11/11/2002 for 21,772 shares and 06/03/2005 for 4,228 shares. These dates are reported with each lot in the notice.
Is the exchange for the proposed sale specified in the Form 144?
Yes, the filing identifies the exchange as the NYSE. The Form 144 excerpt does not state the trade method or pricing details.