TECX (TECX) insider plans 129-share sale and notes prior 10b5-1 trade
Rhea-AI Filing Summary
TECX filed a Form 144 notice for a planned sale of common stock. The filing lists 129 shares of common stock to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on August 12, 2026, with an indicated market value of $4,111.23 and listing on NASDAQ. The shares are to be sold after acquisition via an exercise of stock options for cash. The filing also notes a prior 10b5-1 sale by Peter McNamara of 172 shares of common stock on June 30, 2026 for $6,020.00.
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Key Figures
Shares to be sold: 129 shares
Market value of planned sale: $4,111.23
Prior 10b5-1 shares sold: 172 shares
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4 metrics
Shares to be sold
129 shares
Common stock planned for sale on August 12, 2026
Market value of planned sale
$4,111.23
Value associated with 129 common shares to be sold
Prior 10b5-1 shares sold
172 shares
Common stock sold on June 30, 2026 under 10b5-1
Proceeds from prior 10b5-1 sale
$6,020.00
Value for 172 common shares sold on June 30, 2026
Key Terms
Form 144, 10b5-1, Exercise of Stock Options, Executive Financial Services
4 terms
Form 144 regulatory
"TECX filed a Form 144 notice for a planned sale of common stock."
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.
10b5-1 regulatory
"The filing also notes a prior 10b5-1 sale by Peter McNamara."
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Exercise of Stock Options financial
"The shares are to be sold after acquisition via an exercise of stock options for cash."
Executive Financial Services financial
"through Morgan Stanley Smith Barney LLC Executive Financial Services on August 12, 2026"
FAQ
What stock sale is disclosed for TECX in this Form 144 filing?
The Form 144 discloses a planned sale of 129 shares of TECX common stock on August 12, 2026 through Morgan Stanley Smith Barney LLC Executive Financial Services, following acquisition via an exercise of stock options for cash.
Which broker is handling the TECX Form 144 stock sale?
The filing lists Morgan Stanley Smith Barney LLC Executive Financial Services, at 1 New York Plaza, 8th Floor, New York, NY 10004, as the broker handling the planned sale of 129 TECX common shares on NASDAQ.
AI-generated analysis. How Rhea-AI works. Not financial advice.