STX (NASDAQ) Rule 144: 989 restricted shares; recent Ban Seng Teh sales listed
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
STX — Rule 144 notice filed for restricted common stock transactions. The filing lists 989 shares of restricted common stock associated with Morgan Stanley Smith Barney LLC Executive Financial Services with an effective date of 06/11/2026. The excerpt also reports three resale transactions by Ban Seng Teh in May–June 2026 (663, 8,003 and 7,557 shares) with transaction amounts shown alongside.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 989 shares
Past sale — 06/10/2026: 663 shares
Past sales — May 2026: 8,003 shares and 7,557 shares
+1 more
4 metrics
Shares to be sold
989 shares
Restricted common stock, effective 06/11/2026
Past sale — 06/10/2026
663 shares
Ban Seng Teh resale, amount listed $544,893.18
Past sales — May 2026
8,003 shares and 7,557 shares
Ban Seng Teh resales on 05/14/2026 and 05/13/2026 with amounts $6,540,725.45 and $6,147,253.74
Filer/Issuer listing
Morgan Stanley Smith Barney LLC Executive Financial Services
Issuer information shown on the Form 144 cover lines
Key Terms
Rule 144, Restricted Stock, Issuer
3 terms
Rule 144 regulatory
"Filing lines identify the notice type and list restricted stock sales"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock financial
"The securities are labeled "Restricted Stock" with an effective date of 06/11/2026"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Issuer regulatory
"Issuer shown as Morgan Stanley Smith Barney LLC Executive Financial Services on the cover"
FAQ
What does the STX Form 144 filing disclose?
The filing discloses a Rule 144 notice for 989 shares of restricted common stock with an effective date of 06/11/2026. It also lists recent dispositions by Ban Seng Teh in May–June 2026 with per‑trade share counts and amounts.
Who is the reported seller in the STX Form 144 excerpt?
The seller identified in the resale entries is Ban Seng Teh, with an address in Singapore. The excerpt shows three past sales: 663, 8,003 and 7,557 shares with corresponding transaction amounts.
What securities and source are listed in the filing?
The security type is listed as Common (restricted stock) tied to Morgan Stanley Smith Barney LLC Executive Financial Services. The filing labels the entries as Restricted Stock with the issuer shown and an effective date of 06/11/2026.
Do the past transactions show monetary values in the excerpt?
Yes. The resale lines show amounts alongside share counts: for example, one entry lists 663 shares with $544,893.18, and other May entries list $6,540,725.45 and $6,147,253.74 for the reported share counts.