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Planned sale of 35,086 company shares disclosed (PII)

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

Rhea-AI Filing Summary

PII has a planned sale of 35,086 common shares under Rule 144, with an aggregate market value of $2,344,657.04. The shares are to be sold through Morgan Stanley Smith Barney LLC on the NYSE, with an approximate sale date of February 11, 2026.

The seller’s holdings include multiple grants of performance shares and restricted stock acquired directly from the issuer between 2023 and 2026, all noted as having non-cash, “Not Applicable” payment terms, indicating equity awards rather than open‑market purchases.

Positive

  • None.

Negative

  • None.

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 PII Form 144 filing disclose about planned share sales?

The filing discloses a planned sale of 35,086 common shares with an aggregate market value of $2,344,657.04. These shares are to be sold on the NYSE through Morgan Stanley Smith Barney LLC around February 11, 2026 under Rule 144.

How many PII shares are outstanding in this Form 144 notice?

The notice states that 56,248,333 common shares are outstanding. This figure provides context for the planned sale of 35,086 shares, helping investors gauge the relative size of the transaction versus the issuer’s total common equity base.

How were the PII shares in the Form 144 acquired by the seller?

The shares come from multiple grants of performance shares and restricted stock acquired directly from the issuer between 2023 and 2026. Each entry lists the acquisition date, amount, and “Not Applicable” as the nature of payment, consistent with equity compensation awards.

Which broker will handle the planned PII Form 144 share sale?

The planned sale will be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004. The filing specifies the NYSE as the securities exchange for these common share transactions.

What price information is provided in the PII Form 144 filing?

The filing lists an aggregate market value of $2,344,657.04 for the 35,086 common shares to be sold. While it does not break out a per-share price, this total value reflects the market pricing used when preparing the notice.

Does the PII Form 144 mention any recent sales in the last three months?

The document includes a section for securities sold during the past three months, but the provided excerpt does not show any completed sale entries. The primary focus here is on the planned future sale of 35,086 common shares under Rule 144.
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