RGLD (NASDAQ) Form 144 shows affiliate sale; Daniel Breeze sold 970 shares

Rhea-AI Filing Summary

Filer submitted a Form 144 reporting proposed sales of restricted common stock and a recent affiliate sale. The filing lists restricted stock lots of 135 shares dated 08/24/2023, 865 shares dated 03/02/2024, and 400 shares dated 01/02/2024. It also reports a sale by Daniel Breeze of 970 shares on 12/04/2025 for $196,158.50. The filing identifies the broker as Morgan Stanley Smith Barney LLC.

Insights

Corporate Governance Analyst

Form 144 notifies the market of planned affiliate sales and records a recent affiliate disposition.

The filing lists proposed sales of restricted common stock in three lots: 135 shares (08/24/2023), 865 shares (03/02/2024), and 400 shares (01/02/2024). It separately reports a completed sale of 970 shares on 12/04/2025 for $196,158.50.

Timing and aggregate proceeds for the proposed sales are not specified in the excerpt; subsequent market activity will depend on the filer or affiliated holder executing the transactions.

03/02/2026 - 04:32 PM

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	1400	421211.00	84810098	03/02/2026	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	08/24/2023	Restricted Stock	Issuer			135	08/24/2023	Not Applicable
Common	03/02/2024	Restricted Stock	Issuer			865	03/02/2024	Not Applicable
Common	01/02/2024	Restricted Stock	Issuer			400	01/02/2024	Not Applicable

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
DANIEL BREEZE 1144 15TH STREET SUITE 2500 Denver CO 80202	Common	12/04/2025	970	196158.50

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 RGLD's Form 144 disclose about planned insider sales?

The filing lists proposed sales of restricted common stock in three lots: 135 shares (08/24/2023), 865 shares (03/02/2024), and 400 shares (01/02/2024). It signals intent to sell but does not state execution timing or proceeds.

Who acted as broker on the Form 144 for RGLD?

The filing names Morgan Stanley Smith Barney LLC as the broker, with an address at 1 New York Plaza, 8th Floor, New York, NY 10004. The broker is identified in the filer information section of the Form 144.

Were any recent affiliate sales reported for RGLD in this filing?

Yes, the filing reports a sale by Daniel Breeze of 970 shares on 12/04/2025 generating $196,158.50. That sale is listed under "Securities Sold During The Past 3 Months."

Does the Form 144 state aggregate proceeds expected from the proposed sales?

No aggregate proceeds for the proposed restricted stock sales are provided in the excerpt. The filing lists share lots and dates but does not disclose total proceeds or planned sale prices for those lots.