Morgan Stanley (NYSE: SHOP) Form 144 lists 1,200 Class A shares

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 notice relating to 1,200 Class A shares intended to be sold on 05/05/2026 following an exercise of stock options for cash. The filing also lists recent 10b5-1 sales by Gail Goodman of 1,200 shares on 04/06/2026 for $140,964.00 and 1,200 shares on 03/05/2026 for $154,164.00.

Insights

Securities Compliance Counsel

Form 144 records a planned cash exercise and sale of 1,200 Class A shares.

The filing shows an exercise of stock options with proceeds in cash and identifies historical 10b5-1 program sales by Gail Goodman with exact proceeds reported for two prior trades. This is a routine Section 144 notice used to notify the market of a proposed sale by an affiliate.

Timing and cash‑flow treatment are explicit for the exercise date 05/05/2026; any actual market transactions depend on broker execution and compliance with Rule 144 resale conditions. Subsequent filings would disclose final sale details if and when executed.

Key Figures

Shares to be sold: 1,200 shares Proceeds (04/06/2026): $140,964.00 Proceeds (03/05/2026): $154,164.00

3 metrics

Shares to be sold 1,200 shares Intended sale following option exercise on 05/05/2026

Proceeds (04/06/2026) $140,964.00 10b5-1 sale of 1,200 shares by Gail Goodman on 04/06/2026

Proceeds (03/05/2026) $154,164.00 10b5-1 sale of 1,200 shares by Gail Goodman on 03/05/2026

Key Terms

Form 144, 10b5-1, exercise of stock options

3 terms

Form 144 regulatory

"submitted a Form 144 notice relating to 1,200 Class A 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 GAIL GOODMAN 151 O'Connor Street"

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.

exercise of stock options financial

"Exercise of Stock Options | Issuer | 1200 | 05/05/2026 | Cash"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/05/2026 - 04:33 PM Learn about SEC filing dates

FAQ

What does the SHOP Form 144 filing report?

The filing reports a planned sale of 1,200 Class A shares via exercise of stock options on 05/05/2026. It also lists prior 10b5-1 sales by Gail Goodman with disclosed proceeds.

Who is listed as the selling party in the Form 144 for SHOP?

The broker-dealer Morgan Stanley Smith Barney LLC is the filer and the notice references 10b5-1 sales by Gail Goodman. The filing links the exercise/sale transaction to those parties.

How many shares and what proceeds are shown for recent 10b5-1 sales?

The form shows two recent 10b5-1 trades of 1,200 shares each: on 04/06/2026 for $140,964.00 and on 03/05/2026 for $154,164.00.

Does Form 144 mean the shares have already been sold?

No. Form 144 is a notice of intent to sell under resale rules. The filing lists the intended sale date 05/05/2026, but execution and final sale details would appear in subsequent market records or filings.

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
Class A	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1200	153060.00	1219581025	05/05/2026	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 *
Class A	05/05/2026	Exercise of Stock Options	Issuer			1200	05/05/2026	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 GAIL GOODMAN 151 O'Connor Street, Ground Floor Ottawa A6 K2P 2L8	Class A	04/06/2026	1200	140964.00
10b5-1 Sales for GAIL GOODMAN 151 O'Connor Street, Ground Floor Ottawa A6 K2P 2L8	Class A	03/05/2026	1200	154164.00

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)