QS Form 144 reveals insider planned sale of common stock
Rhea-AI Filing Summary
A shareholder of QS has filed a Form 144 notice to sell up to 36,415 shares of common stock through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of $422,530.53. The shares were acquired as restricted stock that vested on 11/17/2025 under a registered plan, with the same date listed for payment.
The filing also lists prior sales over the past three months by related sellers, including blocks of 50,000 common shares on 10/30/2025 and 38,035 common shares on 09/12/2025, each with disclosed gross proceeds. The signer represents that they are not aware of undisclosed material adverse information about QS’s current or prospective operations.
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FAQ
What does the QS Form 144 filing disclose?
The filing discloses that a shareholder of QS intends to sell up to 36,415 shares of common stock on the NYSE, with an aggregate market value of $422,530.53, under Rule 144.
Which broker and exchange are involved in the QS Form 144 sale?
The intended sales are through Morgan Stanley Smith Barney LLC Executive Financial Services, with the securities to be sold on the NYSE.
What assurance does the seller give about QS inside information?
The person on whose account the QS shares are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.
Does the QS Form 144 mention Rule 10b5-1 trading plans?
The representation language notes that if the seller has adopted a Rule 10b5-1 trading plan or given trading instructions, the signature confirms the same representation as of the plan adoption or instruction date.