Issuer P (P) insiders plan 50,000-share sale under Form 144
Rhea-AI Filing Summary
A Form 144 notice for issuer P indicates an intention to sell 50,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate market value of $4,502,500.00. The shares are identified as founders shares originally acquired on 07/05/2017 and 10/10/2009 in two blocks of 39,016 and 10,984 shares.
The disclosure also lists recent Rule 10b5-1 sales by related trusts and a charitable remainder trust between May and August 2026, including multiple transactions of 50,000–100,000 shares of common stock with multi‑million dollar total sale values.
Positive
- None.
Negative
- None.
Key Figures
Planned shares to be sold: 50,000 shares
Aggregate market value of planned sale: $4,502,500.00
Founders shares tranche 1: 39,016 shares
+5 more
8 metrics
Planned shares to be sold
50,000 shares
Common stock under Form 144 through Morgan Stanley Smith Barney LLC
Aggregate market value of planned sale
$4,502,500.00
Estimated value for 50,000 common shares of issuer P
Founders shares tranche 1
39,016 shares
Founders shares acquired 07/05/2017 included in the 50,000-share amount
Founders shares tranche 2
10,984 shares
Founders shares acquired 10/10/2009 included in the 50,000-share amount
10b5-1 sale 08/04/2026
89,720 shares; $7,685,361.37
Common stock sold by The Colgrove Fam Charitable Rem Tru/A
10b5-1 sale 05/11/2026
100,000 shares; $8,403,600.00
Common stock sold by The Colgrove Fam Charitable Rem Tru/A
10b5-1 sale 07/10/2026
50,000 shares; $3,991,335.00
Common stock sold by The EEC Trust U/A DTD 02/08/2011
Small 10b5-1 sale 06/10/2026
100 shares; $7,000.00
Common stock sold by The RWC Trust U/A DTD 02/08/2011
Key Terms
Form 144, Founders Shares, 10b5-1 Sales, charitable remainder trust, +1 more
5 terms
Form 144 regulatory
"144: 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 Sales regulatory
"10b5-1 Sales for THE COLGROVE FAM CHARITABLE REM TRU/A"
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.
charitable remainder trust financial
"THE COLGROVE FAM CHARITABLE REM TRU/A DTD 04/05/2024"
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.
FAQ
What does issuer P’s Form 144 filing report?
The Form 144 reports a planned sale of 50,000 common shares of issuer P, with an aggregate market value of $4,502,500.00, to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services.
Which trusts are involved in recent issuer P 10b5-1 sales?
The sales involve The Colgrove Fam Charitable Rem Tru/A DTD 04/05/2024, The EEC Trust U/A DTD 02/08/2011, and The RWC Trust U/A DTD 02/08/2011, each selling common shares of issuer P under 10b5‑1 plans.
What are examples of sale sizes and values in issuer P’s recent 10b5-1 transactions?
Examples include 89,720 shares sold on August 4, 2026 for $7,685,361.37, 50,000 shares sold on July 10, 2026 for $3,991,335.00, and 10,280 shares sold on June 2, 2026 for $877,115.30.