Affiliate files Form 144 to sell restricted and performance shares (STX)
Rhea-AI Filing Summary
Morgan Stanley Smith Barney LLC Executive Financial Services files a Form 144 reporting proposed sales of STX common shares by an affiliate. The notice lists multiple classes and quantities with trade dates: 379 restricted shares (12/09/2025), 4,427 performance shares (02/20/2026), 201 restricted shares (12/09/2025), 161 Employee Stock Purchase Plan shares (01/30/2026) for cash, and 678 restricted shares (12/11/2025).
This filing documents proposed dispositions by an affiliate; timing and final transaction amounts depend on subsequent sale execution and confirmations.
Positive
- None.
Negative
- None.
Insights
Form 144 lists proposed affiliate sales across multiple award types and dates.
The filing enumerates proposed sales of restricted stock, performance shares, and ESPP shares with specific trade dates and quantities: 379, 4,427, 201, 161, and 678 shares. These entries serve as notices under resale rules.
Execution details, proceeds recipient, and whether sales occurred are not shown here; subsequent confirmations or broker reports will indicate completed transactions and cash-flow treatment.