Form 144: 100,000-share resale notice, trusts reported 10b5-1 sales (P)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC Executive Financial Services filed a notice relating to the proposed sale of 100,000 common shares. The excerpt lists multiple recent 10b5-1 sales by related trusts on 04/21/2026 through 05/07/2026, showing individual lot sizes and gross proceeds for each lot.

Insights

Corporate Finance Analyst

Form 144 shows a planned resale of 100,000 shares and multiple recent 10b5-1 sales by affiliated trusts.

The filing lists a proposed sale quantity of 100,000 common shares and itemizes recent executed 10b5-1 transactions dated between 04/21/2026 and 05/07/2026, with per-lot share counts and gross dollar amounts.

Cash-flow treatment and whether these proceeds accrue to the issuer or selling holders is not stated in the excerpt; subsequent filings or broker confirmations would show final settlement details.

Key Figures

Proposed sale: 100,000 shares Sale on 05/07/2026: 29,108 shares Gross proceeds on 05/07/2026: $2,192,120.57 +4 more

7 metrics

Proposed sale 100,000 shares Form 144 cover line

Sale on 05/07/2026 29,108 shares 10b5-1 sale by COLGROVE FAM LIVING TR

Gross proceeds on 05/07/2026 $2,192,120.57 Proceeds reported for 29,108-share lot

Sale on 05/05/2026 77,579 shares 10b5-1 sale by COLGROVE FAM LIVING TR

Gross proceeds on 05/05/2026 $5,827,400.89 Proceeds reported for 77,579-share lot

Sale on 04/22/2026 27,345 shares 10b5-1 sale by THE RWC TRUST

Gross proceeds on 04/22/2026 $1,927,967.43 Proceeds reported for 27,345-share lot

Key Terms

Form 144, 10b5-1, Gross proceeds

3 terms

Form 144 regulatory

"Filed notice relating to proposed sale of 100,000 common shares"

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.

10b5-1 regulatory

"Lists multiple 10b5-1 Sales for COLGROVE FAM LIVING TR"

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.

Gross proceeds financial

"Values such as 2192120.57 and 5827400.89 shown next to lot counts"

The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.

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	100000	7816000.00	330460930	05/11/2026	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	10/10/2009	Founders Shares	Issuer			100000	10/10/2009	N/A

* 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 COLGROVE FAM LIVING TR DTD 7/12/99 2555 Augustine Dr. Santa Clara CA 95054	Common	05/07/2026	29108	2192120.57
10b5-1 Sales for COLGROVE FAM LIVING TR DTD 7/12/99 2555 Augustine Dr. Santa Clara CA 95054	Common	05/06/2026	27578	2068551.32
10b5-1 Sales for COLGROVE FAM LIVING TR DTD 7/12/99 2555 Augustine Dr. Santa Clara CA 95054	Common	05/05/2026	77579	5827400.89
10b5-1 Sales for VCF TRUST U/A DTD 12/05/2025 2555 Augustine Dr. Santa Clara CA 95054	Common	04/24/2026	28935	2025881.13
10b5-1 Sales for THE EEC TRUST U/A DTD 02/08/2011 2555 Augustine Dr. Santa Clara CA 95054	Common	04/23/2026	16876	1182712.27
10b5-1 Sales for VCF TRUST U/A DTD 12/05/2025 2555 Augustine Dr. Santa Clara CA 95054	Common	04/23/2026	37992	2660851.80
10b5-1 Sales for THE RWC TRUST U/A DTD 02/08/2011 2555 Augustine Dr. Santa Clara CA 95054	COMMON	04/23/2026	17091	1197728.73
10b5-1 Sales for THE EEC TRUST U/A DTD 02/08/2011 2555 Augustine Dr. Santa Clara CA 95054	Common	04/22/2026	27457	1935811.85
10b5-1 Sales for VCF TRUST U/A DTD 12/05/2025 2555 Augustine Dr. Santa Clara CA 95054	Common	04/22/2026	27464	1936220.24
10b5-1 Sales for THE RWC TRUST U/A DTD 02/08/2011 2555 Augustine Dr. Santa Clara CA 95054	COMMON	04/22/2026	27345	1927967.43
10b5-1 Sales for THE EEC TRUST U/A DTD 02/08/2011 2555 Augustine Dr. Santa Clara CA 95054	Common	04/21/2026	5667	397037.39
10b5-1 Sales for VCF TRUST U/A DTD 12/05/2025 2555 Augustine Dr. Santa Clara CA 95054	Common	04/21/2026	5609	392988.98
10b5-1 Sales for THE RWC TRUST U/A DTD 02/08/2011 2555 Augustine Dr. Santa Clara CA 95054	COMMON	04/21/2026	5564	389829.98

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)

FAQ

What does the Form 144 for P indicate about the sale amount?

This Form 144 shows a proposed sale of 100,000 common shares. The filing lists that quantity as the security amount; it does not state pricing mechanics or whether all shares will be sold immediately.

Which recent 10b5-1 sales are listed in the excerpt?

The excerpt lists multiple 10b5-1 executed sales dated between 04/21/2026 and 05/07/2026, including lots of 5,609, 27,345, 77,579, and 29,108 shares with corresponding gross proceeds shown.

Who appears as the selling parties in the reported transactions?

The transactions are reported for named trusts and entities, including COLGROVE FAM LIVING TR, VCF TRUST, THE EEC TRUST, and THE RWC TRUST, each with address details in the excerpt.

Does the filing state who receives proceeds from these sales?

The excerpt provides gross dollar amounts per lot but does not explicitly state whether proceeds go to the issuer or the selling holders; the filing text in the excerpt omits a proceeds attribution line.