P (NYSE) Rule 144 filing: 50,000 shares listed; trusts sold shares under 10b5-1

Rhea-AI Filing Summary

P filing under Rule 144 reports planned sales of 50,000 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate value listed as $3,908,000.00. The excerpt also lists multiple completed 10b5-1 sales by related trusts between 04/21/2026 and 05/07/2026, each showing share counts and gross proceeds.

The transactions are presented as brokered sales under a stated broker and include trust names and dates for recent trades. The filing records sales activity rather than corporate actions; cash‑flow recipients and any transfer restrictions are not detailed in the provided excerpt.

Insights

Securities Counsel

Rule 144 resale notice showing scheduled and executed 10b5-1 trust sales.

The filing lists a Rule 144 sale of 50,000 shares through Morgan Stanley Smith Barney LLC and documents multiple 10b5-1 plan sales by trusts with dates and proceeds. These entries are transactional disclosures required for compliance and resale transparency.

The effectiveness of the resale depends on meeting Rule 144 conditions and any applicable holding periods; the excerpt does not state the issuer's receipt of proceeds or any transfer restrictions. Subsequent filings may provide additional clearing or settlement details.

Key Figures

Shares listed for resale: 50,000 shares Aggregate value (listed): $3,908,000.00 Outstanding shares figure shown: 330,460,930 +2 more

5 metrics

Shares listed for resale 50,000 shares Rule 144 resale through Morgan Stanley Smith Barney LLC

Aggregate value (listed) $3,908,000.00 Associated with the 50,000 shares entry (line item in excerpt)

Outstanding shares figure shown 330,460,930 Number appearing on the same line as issuer/security metadata

Example 10b5-1 sale 77,579 shares Sale by COLGROVE FAM LIVING TR on 05/05/2026 with proceeds $5,827,400.89

Example 10b5-1 proceeds $2,192,120.57 Proceeds from COLGROVE FAM LIVING TR sale on 05/07/2026 for 29,108 shares

Key Terms

10b5-1, Rule 144, Founders Shares

3 terms

10b5-1 regulatory

"10b5-1 Sales for COLGROVE FAM LIVING TR DTD 7/12/99"

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.

Rule 144 regulatory

"144: Securities To Be Sold"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Founders Shares financial

"Common | 06/06/2012 | Founders Shares"

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.

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	50000	3908000.00	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	06/06/2012	Founders Shares	Issuer			50000	06/06/2012	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 Rule 144 filing for P report?

It reports a planned sale of 50,000 shares of common stock through Morgan Stanley Smith Barney LLC valued at $3,908,000.00. The filing lists brokered resale details and recent trust sale transactions dated in April and May 2026.

Who executed the recent sales shown in the excerpt?

The excerpt shows multiple 10b5-1 sales executed by named trusts (for example, COLGROVE FAM LIVING TR and VCF TRUST) with trade dates from 04/21/2026 to 05/07/2026 and corresponding proceeds reported.

Does the filing state who receives the proceeds from these sales?

The provided excerpt lists gross proceeds per sale (for example, $2,192,120.57) but does not specify who ultimately receives the cash. The filing does not describe the cash‑flow recipient in the visible text.

Are these sales part of a prearranged plan?

Yes; the excerpt specifically identifies several transactions as 10b5-1 Sales, indicating they were executed pursuant to prearranged trading plans for the named trusts, with dates and amounts shown in the filing.

What dates cover the executed trust sales listed?

The listed trust sales occurred between 04/21/2026 and 05/07/2026, with multiple discrete transactions shown on those dates along with share counts and gross proceeds values.