STOCK TITAN

Thomas Seifert (NET) plans sale of 10,000 shares after recent 10b5-1 trades

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Thomas Seifert filed to sell 10,000 shares of common stock of NET through Morgan Stanley Smith Barney LLC Executive Financial Services on or about July 17, 2026 on the NYSE, with an indicated aggregate market value of $2,724,600.00.

The disclosure also lists prior sales under a 10b5-1 Sales Plan: 10,000 shares for $2,323,887.00 on June 17, 2026 and 10,000 shares for $2,006,068.00 on May 18, 2026. The July 17, 2026 transaction is associated with the exercise of stock options for cash.

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Planned shares to be sold 10,000 shares Common stock sale around July 17, 2026 on the NYSE
Aggregate market value of planned sale $2,724,600.00 Estimated value of 10,000 NET shares for July 17, 2026 sale
10b5-1 sale on June 17, 2026 10,000 shares for $2,323,887.00 Common stock sold under a 10b5-1 Sales Plan
10b5-1 sale on May 18, 2026 10,000 shares for $2,006,068.00 Common stock sold under a 10b5-1 Sales Plan
Planned transaction date 07/17/2026 Date associated with the 10,000-share sale and option exercise
10b5-1 Sales Plan regulatory
"10b5-1 Sales Plan for THOMAS SEIFERT 101 Townsend Street"
A 10b5-1 sales plan is a written, prearranged schedule that company insiders use to buy or sell their employer’s stock under a U.S. securities rule, so trades occur automatically at set times or prices regardless of later private information. It matters to investors because it reduces the risk of insider-trading accusations and signals that certain insider trades were planned ahead—like putting transactions on autopilot—while still affecting share supply and market confidence.
Exercise of Stock Options financial
"Common | 07/17/2026 | Exercise of Stock Options | Issuer"
aggregate market value financial
"| 10000 | 2724600.00 | 319528350 | 07/17/2026 | NYSE"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What share sale is Thomas Seifert planning for NET in July 2026?

Thomas Seifert plans to sell 10,000 shares of common stock of NET around July 17, 2026 on the NYSE, with an indicated aggregate market value of $2,724,600.00 through Morgan Stanley Smith Barney LLC Executive Financial Services.

What is the nature of Thomas Seifert’s planned July 2026 NET stock transaction?

The July 17, 2026 NET stock transaction for 10,000 shares is tied to the exercise of stock options, with payment in cash. The shares are expected to be sold on the NYSE via Morgan Stanley Smith Barney LLC Executive Financial Services.

What prior NET share sales has Thomas Seifert reported in the last three months?

Thomas Seifert reported selling 10,000 NET shares for $2,323,887.00 on June 17, 2026 and another 10,000 shares for $2,006,068.00 on May 18, 2026, both under a 10b5-1 Sales Plan.

What is the role of Morgan Stanley Smith Barney LLC in the NET stock sale for Thomas Seifert?

Morgan Stanley Smith Barney LLC Executive Financial Services is listed as the broker handling the planned sale of 10,000 NET common shares for Thomas Seifert on or about July 17, 2026 on the NYSE.

What is the aggregate market value of Thomas Seifert’s July 2026 NET stock sale?

The planned July 17, 2026 sale of 10,000 NET common shares has an indicated aggregate market value of $2,724,600.00, as listed alongside the NYSE as the principal market.

How many NET shares did Thomas Seifert sell under the 10b5-1 plan before July 2026?

Before July 2026, Thomas Seifert sold a total of 20,000 NET shares under a 10b5-1 Sales Plan: 10,000 shares on May 18, 2026 and 10,000 shares on June 17, 2026, for proceeds of $2,006,068.00 and $2,323,887.00, respectively.

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