STOCK TITAN

Boynton trust plans sale of 6,958 NBIS shares (NBIS) on NASDAQ

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A holder of NBIS shares, identified as the John W. Boynton IV Trust of 2006, has filed notice of a proposed sale of up to 6,958 NBIS common shares through Morgan Stanley Smith Barney LLC’s Executive Financial Services on NASDAQ around July 15, 2026. These shares were acquired from the issuer on January 3, 2025 as Restricted Stock Units.

NBIS has 219,465,088 common shares outstanding; this is a baseline figure, not the amount being sold. Over the prior three months, the same trust sold 5,812 NBIS common shares on June 15, 2026 in transactions labeled “10b5-1 Sales,” generating gross proceeds of 1,472,093.29.

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Proposed shares to be sold 6958 shares Number of NBIS common shares proposed for sale through Morgan Stanley Smith Barney LLC on NASDAQ around 07/15/2026
Aggregate market value of proposed sale 1350478.22 Aggregate market value of the 6,958 NBIS common shares proposed for sale
NBIS shares outstanding 219465088 shares Number of NBIS common shares outstanding referenced alongside the proposed sale
Recent 10b5-1 shares sold 5812 shares NBIS common shares sold on 06/15/2026 in transactions labeled “10b5-1 Sales”
Recent 10b5-1 gross proceeds 1472093.29 Gross proceeds from the 5,812-share “10b5-1 Sales” transaction on 06/15/2026
Restricted Stock Units financial
"Common | 01/03/2025 | Restricted Stock Units | Issuer | ... | 6958"
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 Sales financial
"10b5-1 Sales for JOHN W BOYNTON TTEE THE JOHN W.BOYNTON IV TR OF 2006"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
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.

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FAQ

What NBIS share sale is being proposed in this Form 144-style notice?

The John W. Boynton IV Trust of 2006 proposes to sell up to 6,958 NBIS common shares through Morgan Stanley Smith Barney LLC on NASDAQ around July 15, 2026, according to the disclosed broker and timing details.

How were the 6,958 NBIS shares to be sold originally acquired?

The 6,958 NBIS common shares proposed for sale correspond to awards described as Restricted Stock Units acquired from the issuer on 01/03/2025, linking the proposed sale to equity compensation previously granted.

How many NBIS common shares are outstanding in relation to this planned sale?

The disclosure lists 219,465,088 NBIS common shares outstanding. This figure provides context for the company’s total equity base and is separate from the 6,958 shares covered by the proposed sale notice.

Who is the selling security holder associated with the NBIS proposed sale?

The selling security holder is identified as JOHN W BOYNTON TTEE THE JOHN W. BOYNTON IV TR OF 2006, which is the entity associated with both the proposed 6,958-share NBIS sale and the prior 5,812-share “10b5-1 Sales” transaction.

Which broker is designated for executing the proposed NBIS share sale?

The proposed transaction designates Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, as the broker to handle the sale of the 6,958 NBIS common shares on NASDAQ.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature