STOCK TITAN

Multiple 10b5-1 trust sales reported for P (NYSE) including 100,000-share trade

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

The issuer disclosed proposed sales of Common shares via Form 144, reporting multiple 10b5-1 plan transactions by related trusts. The filing lists a Founders Shares block of 50,000 shares and multiple executed plan sales dated between 04/21/2026 and 06/10/2026, with per‑trade share counts and gross proceeds shown for each trade.

Positive

  • None.

Negative

  • None.

Insights

Multiple planned sales under 10b5-1 by trusts are reported with per-trade quantities and proceeds.

The excerpt lists routine Rule 144/Form 144 disclosures for proposed or reported dispositions of Common stock, including a Founders Shares entry of 50,000 shares. Several entries are labeled as 10b5-1 Sales with explicit trade dates, share counts, and gross amounts.

These items are procedural notices of sale activity by identified trusts; the filings show per-trade details (dates, shares, proceeds) rather than a single aggregated offering. Subsequent public filings would show whether additional transactions or post-trade holdings change the position picture.

Founders Shares 50,000 shares listed as Founders Shares (06/06/2012)
Trade example 100,000 shares 10b5-1 sale on <date>05/11/2026</date> with <money>$8,403,600.00</money>
Trade example 50,000 shares 10b5-1 sale on <date>05/11/2026</date> with <money>$4,391,065.00</money>
Trade example 10,280 shares 10b5-1 sale on <date>06/02/2026</date> with <money>$877,115.30</money>
Trade example 100 shares 10b5-1 sale on <date>06/10/2026</date> with <money>$7,000.00</money>
10b5-1 regulatory
"Entries labeled "10b5-1 Sales" listing trusts and trade details"
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
"Header and context indicating proposed sales under Rule 144"
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.
Founders Shares market
"Line showing "Founders Shares" with a 50,000 share entry dated 06/06/2012"
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.
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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

FAQ

What does the Form 144 for P disclose?

The Form 144 lists proposed or reported dispositions of Common stock, including a Founders Shares block of 50,000 shares and multiple 10b5-1 plan sales dated 04/21/2026 through 06/10/2026 with per-trade proceeds shown.

Which trades are shown in the excerpt?

The excerpt shows multiple trust trades under 10b5-1 plans, for example 100,000 shares on 05/11/2026 with $8,403,600.00 gross and 50,000 shares on 05/11/2026 with $4,391,065.00 gross.

Are the sales tied to prearranged 10b5-1 plans?

Yes. The transactions are labeled as 10b5-1 Sales for named trusts (e.g., THE EEC TRUST, THE RWC TRUST), indicating sales executed under prearranged plans as reported in the excerpt.

Does the filing state who receives the proceeds?

The excerpt lists gross proceeds per trade (e.g., $4,391,065.00), but it does not reallocate proceeds among parties; the entries identify the selling trusts as the counterparties for each reported sale.

What date range do the reported trades cover?

Reported trade dates in the excerpt span from 04/21/2026 through 06/10/2026, with multiple transactions recorded on 04/21/2026, 04/22/2026, 04/23/2026, 04/24/2026, 05/05/2026, 05/06/2026, 05/07/2026, 05/11/2026, 06/02/2026, and 06/10/2026.