Issuer for ticker P plans sale of 89,720 shares in Form 144 filing
Rhea-AI Filing Summary
An affiliate of the issuer filed a notice to sell 89,720 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services, with the shares identified as Founders Shares originally acquired on 10/10/2009. The common stock is listed on the NYSE.
The filing also lists recent Rule 10b5-1 plan sales by several trusts over the prior three months, including multiple transactions of 50,000–100,000 shares of common stock on various dates in May, June, and July 2026, along with the related dollar proceeds for each sale.
Positive
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Negative
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Key Figures
Proposed shares to be sold: 89,720 shares
Original acquisition date: 10/10/2009
Sale 07/10/2026 – EEC Trust: 50,000 shares; $3,991,335.00
+3 more
6 metrics
Proposed shares to be sold
89,720 shares
Common stock, described as Founders Shares, in current Form 144 notice
Original acquisition date
10/10/2009
Acquisition date for the Founders Shares covered by the notice
Sale 07/10/2026 – EEC Trust
50,000 shares; $3,991,335.00
10b5-1 sale of common stock by THE EEC TRUST U/A DTD 02/08/2011
Sale 07/10/2026 – RWC Trust
50,000 shares; $3,991,335.00
10b5-1 sale of common stock by THE RWC TRUST U/A DTD 02/08/2011
Largest single sale reported
100,000 shares; $8,403,600.00
10b5-1 sale on 05/11/2026 by COLGROVE FAM CHARITABLE REM TRU/A DTD 04/05/2024
Sale 05/05/2026 – Living Trust
77,579 shares; $5,827,400.89
10b5-1 sale by COLGROVE FAM LIVING TR DTD 7/12/99
Key Terms
10b5-1, Founders Shares, Form 144, charitable remainder trust
4 terms
10b5-1 regulatory
"10b5-1 Sales for THE EEC TRUST U/A DTD 02/08/2011 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
"144: Securities To Be Sold Common | 10/10/2009 | Founders 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.
charitable remainder trust financial
"THE COLGROVE FAM CHARITABLE REM TRU/A DTD 04/05/2024 2555 Augustine Dr."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 144 filing for symbol P disclose?
It discloses a proposed sale of 89,720 common shares by an affiliate, treated as Founders Shares, to be sold through Morgan Stanley Smith Barney LLC, plus a history of recent 10b5-1 plan sales by related trusts.
What recent 10b5-1 plan sales are reported for P?
The filing lists several 10b5-1 plan sales by various trusts between 05/05/2026 and 07/10/2026, with individual transactions ranging from 100 to 100,000 common shares, each accompanied by the corresponding dollar proceeds.
When were the largest recent sales of P common stock made?
The largest reported recent sale occurred on 05/11/2026, when the COLGROVE FAM CHARITABLE REM TRU/A DTD 04/05/2024 sold 100,000 common shares for $8,403,600.00 under a 10b5-1 trading plan.