SPE (NYSE) Form 144 shows Focus Partners Wealth selling preferred shares

Rhea-AI Filing Summary

SPE reports a Form 144 notice for proposed sales of Preferred Stock.

The filing lists prior and recent transactions by Focus Partners Wealth showing multiple sales: 02/25/2026 (5,652 shares for 141,808.68) and 03/06/2026 (15,427 shares for 389,377.48), among others. The excerpt also lists an open market purchase entry dated 01/26/2022 through Fidelity Brokerage Services LLC.

Insights

SEC Compliance Analyst

Form 144 records proposed/resale transactions in Preferred Stock by an affiliate.

The excerpt lists multiple dated sales by Focus Partners Wealth with per-transaction shares and dollar amounts, including 02/25/2026 and 03/06/2026. These line items reflect reported dispositions rather than issuer-side offerings.

Cash-flow treatment and whether proceeds go to holders or issuer are not stated in the excerpt; subsequent filings would specify completion or receipts.

Corporate Finance Advisor

Reported transactions provide granular sale dates and amounts but no material operational impact shown.

The filing lists specific share counts and consideration amounts, for example 141,808.68 for 5,652 shares on 02/25/2026 and 389,377.48 for 15,427 shares on 03/06/2026. These are transactional disclosures, not earnings items.

Impact on capital structure or dilution is not provided in the excerpt; related ownership context is absent.

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
Preferred Stock	Fidelity Brokerage Services LLC 245 Summer Street Boston MA 02110	1686	41880.24	2235775	03/25/2026	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 *
Preferred	01/26/2022	open Market Purchase	Open Market Purchase			1686	01/26/2022	Cash/Check

* 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
Focus Partners Wealth 10 S Wacker dr Chicago IL 60606	Special Opportunities Fund	01/22/2026	353	8871.24
Focus Partners Wealth 10 S Wacker Dr Chicago IL 60606	Special Opportunities Fund	02/20/2026	155	3890.50
Focus Partners Wealth 10 S Wacker Dr Chicago IL 60606	Special Opportunities Fund	02/25/2026	5652	141808.68
Focus Partners Wealth 10 S Wacker Dr, Suite 1860, Chicago IL 60606	Special Opportunities Fund	03/06/2026	15427	389377.48

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 SPE's Form 144 disclose?

It discloses proposed or recent sales of Preferred Stock by reported holders. The excerpt lists dated transactions with share counts and consideration, including sales on 02/25/2026 and 03/06/2026 showing specified dollar amounts.

Who executed the reported transactions in SPE's filing?

The transactions are reported under Focus Partners Wealth for its Special Opportunities Fund. The excerpt lists multiple dated sales attributed to that fund with per-transaction shares and dollar amounts shown in the table.

What amounts and dates are shown for recent SPE sales?

Examples shown include 5,652 shares for 141,808.68 on 02/25/2026 and 15,427 shares for 389,377.48 on 03/06/2026. Several other dated entries and amounts appear in the excerpt.

Which broker or method is listed in the SPE excerpt?

The excerpt references Fidelity Brokerage Services LLC and an open market purchase dated 01/26/2022. The filing shows transaction method entries and a payment method listed as Cash/Check for that purchase.