Affiliate resale: NET (NYSE) insider sales of 12,000 shares reported in May 2026
Rhea-AI Filing Summary
Morgan Stanley Smith Barney LLC submitted a Form 144 reporting proposed sales of Common Stock by an affiliate, with recent dispositions listed. The filing lists two completed dispositions by Douglas Kramer: 6,000 shares on 05/18/2026 for $1,207,140.00 and 6,000 shares on 05/11/2026 for $1,191,738.60. The filing also itemizes multiple restricted stock lots (dates and share counts) held by the issuer, and references an aggregate figure of 18,000 in the securities section. The document is a routine resale notice under Form 144 by an affiliate.
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Insights
Form 144 notice of affiliate resale with recent small-dollar dispositions by Douglas Kramer.
The filing records proposed or completed resale activity under Form 144, listing two dispositions of 6,000 shares each on 05/11/2026 and 05/18/2026 with dollar amounts shown. It also lists multiple restricted stock grant lots and an aggregate display of 18,000 in the securities section.
Regulatory impact is routine: these notices document broker-handled affiliate sales and required information for exemption reliance. Subsequent transfer confirmations or broker records would complete the resale record; timing and further activity are not detailed in the excerpt.