Broker files Form 144 for vested RSUs (NASDAQ: RAPP) notifying proposed resale

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC filed a Form 144 reporting proposed sale of restricted stock units that vested under a registered compensation plan. The filing lists the securities as Common and the relevant date is 03/03/2026; the brokerage location shows New York, NY. The notice is for sale activity under Section 144 procedures.

Insights

Securities Compliance Expert

Form 144 notifies the market of proposed resale of vested RSUs.

Form 144 is a regulatory notice that a broker-dealer or selling holder intends to sell restricted securities under Rule 144 once applicable conditions are met. The entry lists 03/03/2026 as the vesting date and identifies the securities as Common, vested as compensation.

Timing and actual execution depend on Rule 144 conditions and any broker procedures; subsequent filings or trade reports would show completed transactions.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2014	58236.21	47661138	03/05/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/03/2026	Restricted Stock Units vesting under a registered plan	Issuer			2014	03/03/2026	Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does RAPP Form 144 filed by Morgan Stanley Smith Barney LLC mean?

It means a notice of intent to sell restricted securities. The filing reports proposed resale of Common shares tied to RSUs that vested on 03/03/2026, notifying the market under Rule 144 procedures before any public sale occurs.

Does the Form 144 confirm the shares were sold for RAPP?

No, Form 144 reports an intention to sell, not a completed sale. It lists proposed resale of vested RSUs on 03/03/2026; actual sale execution and proceeds would appear in later trade reports or confirming filings.

Who is listed as the broker for the proposed sale in the RAPP filing?

The filing lists Morgan Stanley Smith Barney LLC with an address at 1 New York Plaza, 8th Floor, New York, NY. This identifies the broker-dealer associated with the proposed resale activity in the notice.

What securities are covered by this Form 144 for RAPP?

The filing covers Common securities consisting of Restricted Stock Units (RSUs) that vested under a registered compensation plan on 03/03/2026, described as compensation-related shares eligible for resale.

Will this Form 144 affect RAPP's outstanding share count immediately?

No immediate change to outstanding shares is recorded by this notice. The filing signals proposed resale of vested RSUs; any change to outstanding share count would occur only if and when the securities are sold and recorded in subsequent filings or market data.