Insider trust for TDG (TDG) files Form 144 for stock sale details
Rhea-AI Filing Summary
A selling trust has filed a Form 144 notice to sell shares of the issuer’s common stock. The filing covers 7627 common shares to be sold on the NYSE around 01/14/2026 through Morgan Stanley Smith Barney LLC, with an aggregate market value listed as 10540361.46. These shares were acquired on 01/14/2026 via an exercise of stock options from the issuer, paid in cash on the same date.
The notice also lists prior sales during the past three months by THE FORTUNA TRUST U/T/A DTD 06/01/2018 under a Rule 10b5-1 trading arrangement. Examples include 25000 common shares sold on 01/05/2026 for gross proceeds of 34339836.86 and 17373 shares sold on 01/08/2026 for 24448105.61, along with several additional sales between 10/27/2025 and 12/04/2025.
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FAQ
What does the TDG Form 144 filing report?
The Form 144 reports that a selling holder intends to sell 7627 shares of the issuer’s common stock on the NYSE around 01/14/2026, with the trade to be handled by Morgan Stanley Smith Barney LLC.
How were the 7627 TDG shares being sold acquired?
The 7627 common shares were acquired on 01/14/2026 through an exercise of stock options from the issuer, with the purchase price paid in cash on the same date.
Who is the selling party in the recent TDG transactions?
The past three months of sales disclosed in the notice are identified as 10b5-1 sales for THE FORTUNA TRUST U/T/A DTD 06/01/2018, which has been selling the issuer’s common shares.
What recent TDG share sales by the trust are disclosed?
The notice lists multiple recent sales, including 25000 common shares on 01/05/2026 for gross proceeds of 34339836.86 and 17373 shares on 01/08/2026 for 24448105.61, along with additional trades in late 2025.
What trading plan is referenced in the TDG Form 144?
The past sales are described as 10b5-1 sales for THE FORTUNA TRUST, indicating they were made under a written trading plan or instructions intended to comply with Rule 10b5-1.
What does the signer of the TDG Form 144 represent?
By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.