Morgan Stanley Smith Barney files Form 144; RNG insider 10b5-1 sales listed (RNG)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC filed a Form 144 notice for the proposed resale of 953 shares of Common Stock. The filing lists the securities as Restricted Stock Units and Employee Stock Purchase Plan Shares and shows recent 10b5-1 sales by Tarun Arora: 03/10/2026 (8,840 shares, $359,652.75), 03/03/2026 (3,723 shares, $134,562.62), and 02/26/2026 (773 shares, $26,900.40).

Insights

Securities Counsel

Notice of proposed resale under Form 144; recent sales were executed under a 10b5-1 plan.

The filing records a Form 144 submission by Morgan Stanley Smith Barney LLC for 953 shares of Common Stock classified as Restricted Stock Units and Employee Stock Purchase Plan Shares. The entry lists recent 10b5-1 transactions by Tarun Arora on 03/10/2026, 03/03/2026, and 02/26/2026, with corresponding share counts and proceeds.

Regulatory consequences are routine: Form 144 is a notice of proposed resale by an affiliate. Timing and final sale execution are governed by securities rules and any trading-plan conditions; subsequent filings would show completed transactions.

Key Figures

Registered shares: 953 shares 10b5-1 sale on 03/10/2026: 8,840 shares Proceeds reported 03/10/2026: $359,652.75 +4 more

7 metrics

Registered shares 953 shares Common Stock registered for resale under Form 144

10b5-1 sale on 03/10/2026 8,840 shares Sale by Tarun Arora on 03/10/2026

Proceeds reported 03/10/2026 $359,652.75 Proceeds from 8,840-share 10b5-1 sale

10b5-1 sale on 03/03/2026 3,723 shares Sale by Tarun Arora on 03/03/2026

Proceeds reported 03/03/2026 $134,562.62 Proceeds from 3,723-share 10b5-1 sale

10b5-1 sale on 02/26/2026 773 shares Sale by Tarun Arora on 02/26/2026

Proceeds reported 02/26/2026 $26,900.40 Proceeds from 773-share 10b5-1 sale

Key Terms

Form 144, 10b5-1, Restricted Stock Units, Employee Stock Purchase Plan

4 terms

Form 144 regulatory

"Form 144 notice for the proposed resale of 953 shares"

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.

10b5-1 regulatory

"10b5-1 Sales for TARUN ARORA listed with dates and amounts"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Restricted Stock Units financial

"Restricted Stock Units and Employee Stock Purchase Plan Shares listed as securities"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Employee Stock Purchase Plan financial

"Employee Stock Purchase Plan Shares appear in the securities description"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

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	953	38320.13	74268033	04/21/2026	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	05/12/2020	Restricted Stock Units and Employee Stock Purchase Plan Shares	Issuer			953	05/12/2020	N/A and Cash

* 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
10b5-1 Sales for TARUN ARORA 20 Davis Drive Belmont CA 94002	Common	03/10/2026	8840	359652.75
10b5-1 Sales for TARUN ARORA 20 Davis Drive Belmont CA 94002	Common	03/03/2026	3723	134562.62
10b5-1 Sales for TARUN ARORA 20 Davis Drive Belmont CA 94002	Common	02/26/2026	773	26900.40

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 RNG show?

It discloses a proposed resale of 953 shares of Common Stock. The filing identifies the shares as RSUs and ESPP shares held through Morgan Stanley Smith Barney LLC.

Who executed recent 10b5-1 sales noted in the filing for RNG?

The filing shows recent 10b5-1 sales by Tarun Arora. Trades listed occurred on 03/10/2026, 03/03/2026, and 02/26/2026 with stated share counts and proceeds.

How many shares and proceeds were reported on 03/10/2026 in the RNG excerpt?

The 03/10/2026 entry reports 8,840 shares sold for $359,652.75. This item is presented in the filing's sold-during-past-3-months section.

Are the 953 shares in the filing restricted or free-trading?

The excerpt classifies the registered securities as Restricted Stock Units and Employee Stock Purchase Plan Shares, indicating the shares originate from equity compensation plans.

Does the Form 144 confirm completed sales for the 953 shares?

No. The Form 144 entry is a notice of proposed resale; execution status and final sales would be shown in later transaction reports or broker records.