STOCK TITAN

Planned 100,000-share sale for P (P) disclosed in Form 144 filing

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

An affiliate of the issuer with ticker P filed a notice of proposed sale of 100,000 shares of common stock. The shares are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services, with an indicated aggregate market value of $10,938,000.00 and stated shares outstanding of 332,404,932 as of the notice. The filing also lists multiple Rule 10b5-1 plan sales over the prior three months by several related trusts, each detailing shares sold and total sale proceeds.

Positive

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Negative

  • None.
Shares to be sold 100,000 shares Proposed common stock sale via Morgan Stanley Smith Barney LLC Executive Financial Services
Aggregate market value $10,938,000.00 Value associated with 100,000 common shares proposed for sale
Shares outstanding 332,404,932 shares Issuer’s common shares outstanding as referenced in the Form 144
10b5-1 sale 08/11/2026 100,000 shares; $10,438,759.48 10b5-1 sale by THE COLGROVE FAM CHARITABLE REM TRU on 08/11/2026
10b5-1 sale 08/10/2026 50,000 shares; $4,935,020.00 10b5-1 sale by THE EEC TRUST on 08/10/2026
10b5-1 sale 06/12/2026 50,000 shares; $3,552,015.00 10b5-1 sale by THE EEC TRUST on 06/12/2026
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.
10b5-1 regulatory
"10b5-1 Sales for THE COLGROVE FAM CHARITABLE REM TRU/A DTD 04/05/2024"
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.
Founders Shares financial
"Common | 10/10/2009 | Founders Shares | Issuer"
Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.
charitable remainder trust financial
"THE COLGROVE FAM CHARITABLE REM TRU/A DTD 04/05/2024"

FAQ

What does the Form 144 filed for ticker P disclose?

The Form 144 for P discloses an intended sale of 100,000 common shares through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate market value of $10,938,000.00 based on the filer’s stated figures.

How many shares of P stock are planned to be sold under this Form 144?

The filer indicates a planned sale of 100,000 shares of common stock. These are labeled as securities held by the seller and to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services under the Form 144 notice.

What aggregate market value is associated with the proposed P share sale?

The proposed sale of 100,000 common shares of issuer P is tied to an aggregate market value of $10,938,000.00, as stated in the Form 144 securities information section for the planned transaction.

How many P shares are reported as outstanding in the Form 144?

The Form 144 notes that there are 332,404,932 shares of the issuer’s common stock outstanding. This figure is provided as context for the proposed sale and is separate from the 100,000 shares covered by the notice.

Are founders shares of P mentioned in this Form 144?

Yes. The Form 144 references Founders Shares of common stock dated 10/10/2009, showing 100,000 shares under the ‘Securities To Be Sold’ section, in addition to the more recent 10b5-1 sales history disclosed.

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

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Learn about SEC filing dates

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