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Jeffrey Emery plans 53,537-share sale via option exercise (PRM)

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

Rhea-AI Filing Summary

Jeffrey Emery submitted a Section 144 notice to sell 53,537 shares of common stock on 05/13/2026 pursuant to an exercise of options under a registered plan. The filing lists Morgan Stanley Smith Barney LLC as the broker. It also documents prior dispositions of 99,963 shares on 05/11/2026 for $3,291,601.66 and 46,500 shares on 05/08/2026 for $1,488,088.35.

Positive

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Negative

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Insights

Form 144 records an affiliate's planned sale after option exercise and recent prior dispositions.

The filing shows an intended sale of 53,537 shares on 05/13/2026 described as the exercise of options under a registered plan, with Morgan Stanley Smith Barney LLC listed as the broker. This is a routine SEC notice used by affiliates when selling restricted or control securities.

Recent reported sales include $3,291,601.66 for 99,963 shares on 05/11/2026 and $1,488,088.35 for 46,500 shares on 05/08/2026. Subsequent filings will show actual sale completion and resulting holdings.

Shares to be sold 53,537 shares to be sold on 05/13/2026 after option exercise
Prior sale — 05/11/2026 99,963 shares proceeds reported as $3,291,601.66 on 05/11/2026
Prior sale — 05/08/2026 46,500 shares proceeds reported as $1,488,088.35 on 05/08/2026
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
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.
exercise of options under a registered plan financial
"Exercise of options under a registered plan | Issuer"
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.

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 PRM Form 144 disclose about shares to be sold?

The notice discloses an intended sale of 53,537 shares on 05/13/2026 described as the exercise of options under a registered plan. The broker is listed as Morgan Stanley Smith Barney LLC.

Who is the seller named in the PRM filing?

The seller named is Jeffrey Emery, with addresses shown in the filing. The filing identifies transactions linked to Emery on 05/08/2026 and 05/11/2026.

What prior sales by the reporting person are listed in the PRM filing?

The filing lists two recent dispositions: 46,500 shares on 05/08/2026 for $1,488,088.35 and 99,963 shares on 05/11/2026 for $3,291,601.66.

Was the 05/13/2026 sale associated with an option exercise?

Yes. The 05/13/2026 entry is labeled as an exercise of options under a registered plan, indicating the shares to be sold arise from option exercise activity.

Which broker-dealer is handling the proposed sale in the PRM filing?

The broker-dealer listed for the transactions is Morgan Stanley Smith Barney LLC, located at 1 New York Plaza, 8th Floor, New York, NY, per the filing.