RIG: Broker files Form 144 reporting proposed sale of vested RSUs and PSUs (NYSE: RIG)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 notice relating to proposed sales of restricted stock and performance stock units tied to multiple vesting dates. The filing lists securities with vesting dates of 11/10/2018, 03/01/2017, 11/10/2017, 11/10/2016, 03/01/2018, and 02/07/2019, and shows per-line share counts associated with those vesting events.

Examples shown include 8,074 shares (11/10/2018), 6,144 shares (03/01/2017), and 34,943 shares (02/07/2019). The cover also displays 609,248.37 and a listing of market NYSE.

Insights

Securities Counsel

Form 144 lists proposed resale of vested restricted shares and PSUs; filing is procedural.

The notice records multiple vesting events and line-item share counts tied to services-rendered awards and a performance grant dated 02/07/2019. Form 144 is a broker/holder notice of intent to sell under Rule 144's conditions.

Timing, the seller identity, and whether proceeds go to the issuer or selling holder are not specified in the excerpt; subsequent sale activity and confirmations would appear in transaction filings or broker reports.

Key Figures

Cover value shown: 609,248.37 Share example: 8,074 shares Share example: 6,144 shares +2 more

5 metrics

Cover value shown 609,248.37 appears on filing cover

Share example 8,074 shares Restricted stock vesting on 11/10/2018

Share example 6,144 shares Restricted stock vesting on 03/01/2017

Share example 34,943 shares Performance Stock Units dated 02/07/2019

Exchange listed NYSE market listing shown on cover

Key Terms

Restricted stock vesting, Performance Stock Units, Form 144

3 terms

Restricted stock vesting financial

"Restricted stock vesting under a registered plan"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

Performance Stock Units financial

"02/07/2019 | Performance Stock Units"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

Form 144 regulatory

"144: Securities To Be Sold"

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.

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	81741	609248.37	1116441000	05/21/2026	NYSE

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	11/10/2018	Restricted stock vesting under a registered plan	Issuer			8074	11/10/2018	Services Rendered
Common	03/01/2017	Restricted stock vesting under a registered plan	Issuer			6144	03/01/2017	Services Rendered
Common	11/10/2017	Restricted stock vesting under a registered plan	Issuer			9686	11/10/2017	Services Rendered
Common	11/10/2016	Restricted stock vesting under a registered plan	Issuer			9665	11/10/2016	Services Rendered
Common	03/01/2018	Restricted stock vesting under a registered plan	Issuer			13229	03/01/2018	Services Rendered
Common	02/07/2019	Performance Stock Units	Issuer			34943	02/07/2019	Services Rendered

* 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 the Form 144 for RIG show?

It shows a broker notice of proposed resale of restricted stock and performance units tied to multiple vesting dates, with line items listing share counts and vesting dates.

Which vesting dates and share counts are listed in the filing for RIG?

The excerpt lists vesting dates including 11/10/2018, 03/01/2017, 11/10/2017, and 02/07/2019, with example counts of 8,074, 6,144, and 34,943 shares.

Does the Form 144 disclose who will receive the sale proceeds for RIG?

The provided excerpt does not state who receives proceeds; the filing lists the securities and vesting events but does not specify cash‑flow treatment or beneficiary details.

Is this Form 144 a completed sale for RIG shares?

No. Form 144 is a notice of intent to sell under Rule 144; the excerpt lists proposed securities for resale rather than confirming completed transactions.