Director files Form 144 to sell 30,000 shares
QS — Form 144 notice: proposed sale of common stock.
Rhea-AI Filing Summary
QS — Form 144 notice: proposed sale of common stock. The filing lists 30,000 shares of common stock to be sold by a broker-dealer (Morgan Stanley Smith Barney LLC) in connection with restricted stock vesting under a registered plan on 02/17/2026. The excerpt also records recent sales by Michael McCarthy: $129,648.57 for 18,393 shares on 02/25/2026, $129,883.38 for 18,356 shares on 02/19/2026, and $416,752.97 for 58,332 shares on 02/18/2026.
Positive
- None.
Negative
- None.
Insights
Routine Form 144 notice for restricted-stock-related sales; multiple recent insider dispositions recorded.
The filing lists 30,000 shares to be sold by a broker-dealer tied to restricted stock vesting on 02/17/2026, which is an administrative registration step permitting sales under Rule 144.
Michael McCarthy's disclosed trades total 95,081 shares sold across three dates, with proceeds shown as $675,384.92 in the excerpt; these are reported dispositions rather than company-initiated issuances. Timing and plan mechanics are described as "restricted stock vesting under a registered plan."
FAQ
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What does QS's Form 144 disclose?
Who is the broker-dealer handling the sale in the QS filing?
Does the Form 144 indicate proceeds go to the issuer or selling holder?
AI-generated analysis. How Rhea-AI works. Not financial advice.