RXT (NASDAQ: RXT) Form 144 lists 110,114 RSU-vested shares for sale
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
RXT: A Form 144 notice lists a proposed sale of 110,114 shares of Common Stock tied to the vesting of restricted stock units, with activity recorded on 03/02/2026. The broker is Morgan Stanley Smith Barney LLC and the shares trade on NASDAQ.
Positive
- None.
Negative
- None.
Insights
Rule 144 notice for RSU-vested shares; sale mechanics and timing are administrative.
The filing shows 110,114 shares associated with the vesting of restricted stock units on 03/02/2026
Brokerage intermediary is Morgan Stanley Smith Barney LLC. The notice indicates proposed resale under resale rules; timing and whether sales occur depend on holder decisions and any Rule 144 conditions.
FAQ
What does RXT's Form 144 show about the transaction?
The Form 144 lists a proposed sale of 110,114 shares of common stock tied to RSU vesting on 03/02/2026. It names Morgan Stanley Smith Barney LLC as the broker for NASDAQ-traded shares.
Does the Form 144 state who will receive proceeds from any sale?
The filing does not provide a proceeds recipient statement beyond identifying the issuer relationship for the vested RSUs. The document lists the transaction type as tied to vesting.
Is the Form 144 an executed sale or only a notice of proposed sale?
Form 144 is a notice of a proposed sale; this filing lists the proposed sale of 110,114 shares on 03/02/2026. Whether the shares are actually sold depends on subsequent execution and compliance with Rule 144 conditions.