Charles Giancarlo to sell 4,200 shares; prior 580,000-share 10b5-1 sale (NYSE: P)

Rhea-AI Filing Summary

Charles Giancarlo reported a planned sale of Common stock totaling 4,200 shares by 06/30/2026. The filing shows those shares are associated with an exercise of stock options and a cash transaction through Morgan Stanley Smith Barney LLC. The notice also lists prior 10b5-1 sales on 05/11/2026 of 580,000 shares for $50,845,462.00.

Insights

Corporate Governance Analyst

Form 144 records a small scheduled disposition following larger 10b5-1 sales.

The filing lists an intended sale of 4,200 shares on 06/30/2026 tied to an exercise of stock options, processed through Morgan Stanley Smith Barney LLC. This appears as a routine transfer and disposition method rather than a novel governance action.

Cash treatment and use of a broker are specified; prior 10b5-1 transactions include 580,000 shares sold on 05/11/2026 for $50,845,462.00. Subsequent filings may show completed settlement details.

Key Figures

Planned sale: 4,200 shares Prior 10b5-1 sales: 580,000 shares Proceeds from prior sale: $50,845,462.00

3 metrics

Planned sale 4,200 shares intended disposition on 06/30/2026 via exercise of stock options

Prior 10b5-1 sales 580,000 shares sales executed on 05/11/2026 listed in the filing

Proceeds from prior sale $50,845,462.00 consideration reported for the 05/11/2026 sale of 580,000 shares

Key Terms

10b5-1, Form 144, exercise of stock options

3 terms

10b5-1 regulatory

"10b5-1 Sales for CHARLES GIANCARLO 2555 Augustine Dr."

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Form 144 regulatory

"Filer Information | 144: Filer Information"

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.

exercise of stock options financial

"Common | 06/30/2026 | Exercise of Stock Options"

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Available on EDGAR 06/30/2026 - 04:32 PM Accepted by SEC EDGAR 06/30/2026 - 04:31 PM Learn about SEC filing dates

FAQ

What does Charles Giancarlo's Form 144 for P disclose?

It discloses a planned sale of 4,200 shares on 06/30/2026 tied to an exercise of stock options. The filing is a notice of intended disposition under applicable resale rules.

Were there recent insider sales by Charles Giancarlo reported?

Yes. The filing lists prior 10b5-1 sales on 05/11/2026 of 580,000 shares for $50,845,462.00. Those transactions are recorded separately from the June notice.

Who is the broker handling the sale in the Form 144?

The sale is processed through Morgan Stanley Smith Barney LLC, with an address listed at 1 New York Plaza, 8th Floor, New York, NY. The filing names the broker as the executing firm.

Is the June 30, 2026 sale a cash transaction or a transfer?

The filing indicates the June 06/30/2026 activity is an exercise of stock options resulting in a cash transaction. The record ties the method to issuer exercise mechanics.

Does Form 144 show the dollar value for the 4,200 shares?

No dollar value for the planned 4,200 shares on 06/30/2026 is provided in the excerpt. The prior 05/11/2026 sale shows $50,845,462.00 for 580,000 shares.

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

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	4200	303744.00	332404932	06/30/2026	NYSE

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	06/30/2026	Exercise of Stock Options	Issuer			4200	06/30/2026	Cash

* 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
10b5-1 Sales for CHARLES GIANCARLO 2555 Augustine Dr. Santa Clara CA 95054	Common	05/11/2026	580000	50845462.00

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)