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Charles Giancarlo (P) details 70,000-share planned sale and prior 10b5-1 trades

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Charles Giancarlo filed to sell 70,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate value of $6,303,500.00, and a proposed sale date of August 10, 2026. The shares relate to restricted stock units granted on March 20, 2019. Giancarlo also lists recent Rule 10b5-1 plan sales over the prior three months, including a large sale of 580,000 shares for $50,845,462.00.

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Planned shares to be sold 70,000 shares Common stock to be sold through Morgan Stanley Smith Barney LLC
Planned sale value $6,303,500.00 Aggregate market value of 70,000-share planned sale dated August 10, 2026
RSU grant date 03/20/2019 Restricted Stock Units identified as the source of the 70,000 shares
Largest recent 10b5-1 sale shares 580,000 shares 10b5-1 sale on May 11, 2026
Largest recent 10b5-1 sale value $50,845,462.00 Proceeds from 580,000-share 10b5-1 sale on May 11, 2026
Recent 10b5-1 sale on July 10, 2026 70,000 shares for $5,647,674.60 Common stock sale under 10b5-1 plan
Recent 10b5-1 sale on July 9, 2026 65,800 shares for $5,267,013.64 Common stock sale under 10b5-1 plan
Recent 10b5-1 sale on June 30, 2026 4,200 shares for $336,021.00 Common stock sale under 10b5-1 plan
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.
Restricted Stock Units financial
"Common | 03/20/2019 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 Sales regulatory
"10b5-1 Sales for CHARLES GIANCARLO 2555 Augustine Dr."
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

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

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FAQ

What stock sale is disclosed for symbol P in this Form 144?

The filing discloses a planned sale of 70,000 shares of common stock with an aggregate value of $6,303,500.00, to be executed through Morgan Stanley Smith Barney LLC on August 10, 2026.

What are the largest recent 10b5-1 sales reported for P?

The largest recent 10b5-1 sale reported is 580,000 shares of common stock on May 11, 2026, for proceeds of $50,845,462.00. Additional sales include 65,800 shares on July 9, 2026 and 70,000 shares on July 10, 2026.

What prior equity award is associated with the planned sale in P?

The planned sale of 70,000 shares is tied to restricted stock units originally granted on March 20, 2019. These RSUs are listed as the source of the securities to be sold in the Form 144.

On which market is the common stock in this Form 144 traded?

The filing lists the common stock as traded on the NYSE. This market designation applies to the class of common shares involved in both the planned 70,000-share sale and the recent 10b5-1 sales.

How much stock did Charles Giancarlo sell recently in connection with P?

Recent 10b5-1 transactions include 580,000 shares sold on May 11, 2026 for $50,845,462.00, plus additional sales of 4,200, 65,800, and 70,000 shares between May and July 2026 for multi-million-dollar proceeds.

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