PRCH (NASDAQ: PRCH) files Form 144 reporting RSU sales (97,357 shares)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
PRCH filed a Form 144 reporting proposed sales of Common Stock tied to restricted stock units. The notice lists 10,837 shares associated with RSUs dated 04/01/2026 and 86,520 shares associated with RSUs dated 04/02/2026. The filing shows Morgan Stanley Smith Barney LLC as the broker-dealer listed.
Positive
- None.
Negative
- None.
Key Figures
Proposed sale (RSU dated 04/01/2026): 10,837 shares
Proposed sale (RSU dated 04/02/2026): 86,520 shares
Total proposed shares listed: 97,357 shares
3 metrics
Proposed sale (RSU dated 04/01/2026)
10,837 shares
Restricted Stock Units dated 04/01/2026
Proposed sale (RSU dated 04/02/2026)
86,520 shares
Restricted Stock Units dated 04/02/2026
Total proposed shares listed
97,357 shares
Sum of the two RSU entries in the excerpt
Key Terms
Restricted Stock Units, Form 144, Broker-dealer
3 terms
Restricted Stock Units financial
"Restricted Stock Units | Issuer | 10837 | 04/01/2026"
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.
Form 144 regulatory
"CONTENT METADATA: "form_type": "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.
Broker-dealer financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.
FAQ
What does PRCH's Form 144 disclose about planned sales?
It reports proposed sales of 10,837 and 86,520 shares from RSUs. The Form 144 lists RSUs dated 04/01/2026 and 04/02/2026 with Morgan Stanley Smith Barney LLC named as the broker-dealer.
Who is the broker-dealer listed on PRCH's Form 144?
Morgan Stanley Smith Barney LLC is named as the broker-dealer. The filing provides the firm's address at 1 New York Plaza, 8th Floor, New York, NY, linked to the proposed transactions reported on the Form 144.
Do PRCH's Form 144 entries show past sales in the last three months?
No completed sales are listed for the prior three months in the excerpt provided. The section for "Securities Sold During The Past 3 Months" appears in the filing but contains no amounts in the provided content.
What securities are involved in PRCH's Form 144 filing?
The securities are Common Stock issued under Restricted Stock Units (RSUs). The filing ties planned sales to RSUs with grant dates of 04/01/2026 and 04/02/2026.