Insider disposals listed for SMA (NYSE) in 425-share blocks on 2026 dates

Rhea-AI Filing Summary

SMA reported proposed or completed insider sales via a Form 144 notice for Common stock. The excerpt lists block entries of 425 (appears as quantity) with associated amounts $12,609.75 and identifies a sale date of 05/18/2026 on the NYSE. The filing also shows two prior sale entries dated 03/16/2026 and 04/16/2026 with amounts $13,944.25 and $13,506.50, respectively.

Insights

Compliance Counsel

Form 144 lists proposed or completed insider dispositions in standard block sizes.

The excerpt contains Form 144 fields: security class Common, a block quantity shown as 425, an aggregate amount of $12,609.75, and an exchange label NYSE. These are routine sale notices required when insiders intend to sell restricted or control securities.

Timing and cash‑flow treatment are drawn from the listed dates (03/16/2026, 04/16/2026, 05/18/2026). Subsequent filings or broker reports would confirm settlement and execution details.

Equity Markets Analyst

Listed entries show modest, repeated block dispositions rather than a single large liquidation.

The excerpt shows repeated entries of 425 alongside aggregate amounts of $13,944.25 and $13,506.50 on two 2026 dates. This pattern appears as routine insider sales/vesting disclosures rather than an extraordinary event.

Impact depends on remaining insider holdings and whether sales were pursuant to vesting or prearranged plans; the excerpt references "Restricted Stock Vesting" as the acquisition source for prior grants.

Key Figures

Block quantity: 425 Aggregate amount: $12,609.75 Aggregate amount: $13,944.25 +2 more

5 metrics

Block quantity 425 appears adjacent to each listed sale entry

Aggregate amount $12,609.75 listed with the 05/18/2026 entry on NYSE

Aggregate amount $13,944.25 listed with a sale date of 03/16/2026

Aggregate amount $13,506.50 listed with a sale date of 04/16/2026

CUSIP or identifier 55365295 appears in the filing row associated with the 05/18/2026 entry

Key Terms

Form 144, Restricted Stock Vesting, Aggregate amount

3 terms

Form 144 regulatory

"144: Securities To Be Sold"

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.

Restricted Stock Vesting financial

"06/08/2018 | Restricted Stock Vesting"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

Aggregate amount financial

"425 | 12609.75 | 55365295 | 05/18/2026"

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	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	425	12609.75	55365295	05/18/2026	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	06/08/2018	Restricted Stock Vesting	Issuer			165	06/08/2018	Compensation
Common	06/10/2019	Restricted Stock Vesting	Issuer			260	06/10/2019	Compensation

* 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
David J. Mueller 10 Terrace Rd. Ladera Ranch CA 92694	Common	03/16/2026	425	13944.25
David J. Mueller 10 Terrace Rd. Ladera Ranch CA 92694	Common	04/16/2026	425	13506.50

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 SMA's Form 144 disclose about insider sales?

The Form 144 excerpt discloses proposed or reported dispositions of Common stock in blocks of 425 with listed aggregates of $12,609.75, $13,944.25, and $13,506.50 on specified dates in 2026.

Who is the broker or clearing agent shown on the Form 144 for SMA?

The excerpt lists Fidelity Brokerage Services LLC at a Smithfield, RI address as the broker/agent associated with the proposed sales; the filing links the trades to the NYSE.

Do the entries show why the securities were acquired?

Yes; the excerpt includes acquisition descriptions such as Restricted Stock Vesting with acquisition dates 06/08/2018 and 06/10/2019, indicating compensation-related sourcing for those shares.

Are the Form 144 amounts settlement proceeds or share counts?

The filing lists a recurring numeric 425 which appears as a reported block quantity and adjacent numeric values like $12,609.75 that read as aggregate amounts; the excerpt does not explicitly label each column, so exact column headings are not reproduced here.