TEL (NYSE: TEL) holder files Rule 144 notice to sell 41,634 shares on NYSE
Rhea-AI Filing Summary
A holder of TEL common stock filed a notice under Rule 144 to sell 41,634 shares through Morgan Stanley Smith Barney on the NYSE. The filing lists an aggregate market value of 9,273,140.82 for the planned sale and an approximate sale date of 12/18/2025.
The securities were acquired on 11/30/2025 via performance stock units from the issuer, in the same amount of 41,634 shares. The number of shares outstanding is listed as 294,189,246; this is a baseline figure, not the amount being sold.
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FAQ
What does the Rule 144 notice for TEL disclose?
The notice states that a holder of TEL common stock plans to sell 41,634 shares on the NYSE through Morgan Stanley Smith Barney. The planned sale has an aggregate market value of 9,273,140.82 and an approximate sale date of 12/18/2025.
How many TEL shares are planned to be sold and on which exchange?
The filer plans to sell 41,634 TEL common shares, and the securities exchange named for the transaction is the NYSE.
When and how were the TEL shares to be sold under Rule 144 acquired?
The shares to be sold were acquired on 11/30/2025 through a performance stock unit transaction with the issuer, in the amount of 41,634 common shares.
What is the aggregate market value of the TEL shares in this planned sale?
The filing reports an aggregate market value of 9,273,140.82 for the 41,634 TEL common shares that are planned to be sold under Rule 144.
How many TEL shares are reported as outstanding in the notice?
The notice lists the number of TEL shares outstanding as 294,189,246, which serves as a reference figure alongside the planned Rule 144 sale.
Were any TEL shares sold by this holder in the past three months?
The section for securities sold during the past three months is included in the form, but no specific sales are listed in the provided content.