RXT (NASDAQ) affiliate files Form 144 to resell 231,045 shares via broker

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC Executive Financial Services submitted a Form 144 notice reporting proposed sales of restricted common stock under Rule 144. The filing lists three restricted-stock lots dated 06/14/2024, 06/20/2025, and 03/31/2026 totaling listed lot sizes.

The listed lot sizes are 103,626 shares, 51,948 shares, and 75,471 shares. The cover shows an entry date of 05/11/2026 and a market listing of NASDAQ.

Insights

Securities Compliance Counsel

Form 144 records intended resale of restricted shares by an affiliate under Rule 144.

The filing lists three restricted-stock lots with specific grant/issue dates and share counts: 103,626, 51,948, and 75,471. These entries indicate an intent to sell pursuant to Rule 144 resale procedures rather than a company primary offering.

Cash‑flow treatment and exact timing of sales are not shown in the excerpt; subsequent broker confirmations or transaction filings will report executed sales.

Key Figures

Filing entry date: 05/11/2026 Restricted lot 1: 103,626 shares Restricted lot 2: 51,948 shares +4 more

7 metrics

Filing entry date 05/11/2026 Form 144 entry/date shown on cover

Restricted lot 1 103,626 shares Restricted stock dated 06/14/2024

Restricted lot 2 51,948 shares Restricted stock dated 06/20/2025

Restricted lot 3 75,471 shares Restricted stock dated 03/31/2026

Aggregate figure shown 231,045 Numeric entry present on cover (context not labeled as registered amount)

Monetary figure shown 1,131,450.47 Numeric entry on cover (unit not specified in excerpt)

Market listing NASDAQ Exchange indicated on cover

Key Terms

Rule 144, Restricted Stock, Form 144

3 terms

Rule 144 regulatory

"Form 144 notice reporting proposed sales of restricted common stock"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Restricted Stock financial

"Securities To Be Sold entries labeled Restricted Stock with grant dates"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Form 144 regulatory

"Filer Information and Securities To Be Sold sections referencing Form 144"

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	231045	1131450.47	249222499	05/11/2026	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	06/14/2024	Restricted Stock	Issuer			103626	06/14/2024	Not Applicable
Common	06/20/2025	Restricted Stock	Issuer			51948	06/20/2025	Not Applicable
Common	03/31/2026	Restricted Stock	Issuer			75471	03/31/2026	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

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 RXT mean?

A Form 144 notifies the SEC of an affiliate's intended resale of restricted shares under Rule 144. The filing lists proposed lots and dates but does not confirm completed sales or proceeds.

How many shares are listed on this Form 144 for RXT?

The document lists three restricted‑stock lots of 103,626, 51,948, and 75,471 shares. These are the lot sizes shown for proposed resale under Rule 144.

Does this Form 144 confirm the shares were sold?

No. Form 144 signals the intent to sell under Rule 144 but does not confirm execution. Actual sale completion and proceeds would appear in subsequent trade reports or broker confirmations.

Who is the reported filer on the Form 144 for RXT?

The filer is listed as Morgan Stanley Smith Barney LLC Executive Financial Services at the address shown, acting as the broker/agent for the proposed resale in the filing.