Insider sale notice — Morgan Stanley Smith Barney Exec sells shares (NASDAQ: MXL)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC Executive Financial Services filed a Rule 144 notice reporting proposed sales of 3,935 shares of Common Stock on 05/01/2026 classified as Restricted Stock. The filing also lists recent dispositions by Theodore Tewksbury: 3,935 shares sold for $304,411.60 on 05/04/2026 and 2,790 shares sold for $219,475.35 on 05/01/2026.

Insights

Securities Compliance Counsel

Rule 144 notice documents proposed sales of restricted shares and recent dispositions.

The filing lists a proposed sale of 3,935 shares of restricted common stock with dates and amounts for recent transactions by Theodore Tewksbury. Rule 144 notices notify the market and help establish an available resale period.

Cash‑flow treatment is indicated by the sale proceeds reported; timing and any hold periods are tied to Rule 144 conditions and are not detailed further in the excerpt.

Key Figures

Proposed sale: 3,935 shares Sale proceeds: $304,411.60 Sale proceeds: $219,475.35

3 metrics

Proposed sale 3,935 shares Restricted Stock proposed sale on <date>05/01/2026</date>

Sale proceeds <money>$304,411.60</money> Proceeds from 3,935 shares sold on <date>05/04/2026</date>

Sale proceeds <money>$219,475.35</money> Proceeds from 2,790 shares sold on <date>05/01/2026</date>

Key Terms

Form 144, Restricted Stock, Rule 144

3 terms

Form 144 regulatory

"filed a Rule 144 notice reporting proposed sales"

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

"classified as <i>Restricted Stock</i>"

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.

Rule 144 regulatory

"Rule 144 notice documents proposed sales of restricted shares"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

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	3935	314800.00	89545959	05/05/2026	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	05/01/2026	Restricted Stock	ISSUER			3935	05/01/2026	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
THEODORE TEWKSBURY 5966 La Place Court Suite 100 Carlsbad CA 92008	Common	05/04/2026	3935	304411.60
THEODORE TEWKSBURY 5966 La Place Court Suite 100 Carlsbad CA 92008	Common	05/01/2026	2790	219475.35

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 MXL's Form 144 filing report?

It reports a proposed sale of 3,935 restricted shares on 05/01/2026. The filing also discloses recent completed sales of 3,935 and 2,790 shares with proceeds of $304,411.60 and $219,475.35, respectively.

Who executed recent sales disclosed in the MXL notice?

The sales were reported for Theodore Tewksbury. The excerpt lists sales of 3,935 shares on 05/04/2026 and 2,790 shares on 05/01/2026, with proceeds shown as $304,411.60 and $219,475.35.

Are the shares in the MXL filing restricted or unrestricted?

The filing classifies the 3,935 shares as Restricted Stock with an issuer designation. The notice identifies the security type and the applicable date of 05/01/2026 as shown in the excerpt.

What proceeds are reported for the recent MXL sales?

Two sale proceeds are shown: $304,411.60 for 3,935 shares and $219,475.35 for 2,790 shares. Those amounts appear next to each transaction line in the provided excerpt.