Boynton trust plans sale of 6,958 NBIS shares (NBIS) on NASDAQ
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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Key Figures
Proposed shares to be sold: 6958 shares
Aggregate market value of proposed sale: 1350478.22
NBIS shares outstanding: 219465088 shares
+2 more
5 metrics
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
Key Terms
Restricted Stock Units, 10b5-1 Sales, Executive Financial Services
3 terms
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.
FAQ
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.