TFSL (TFSL) affiliate files Form 144 listing 6,384 restricted and 7,372 performance shares

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 notice relating to proposed sales of common stock of TFSL. The filing lists 6,384 restricted shares and 7,372 performance shares with grant/award dates of 12/10/2024.

The excerpt shows the security types and quantities being reported for resale; timing and purchaser details are not provided in the excerpt.

Insights

Securities Counsel

Form 144 records a proposed affiliate resale of equity awards.

Form 144 is a notice required when an affiliate proposes to sell restricted or control securities in reliance on certain exemptions. The entry lists 6,384 restricted shares and 7,372 performance shares, both dated 12/10/2024.

Practical dependencies: whether sales occur depends on market arrangements and compliance with Rule 144 conditions; the excerpt does not show planned sale methods or timing.

Corporate Finance Analyst

Reported share counts are small and compensation-related.

The filing identifies award-type securities (restricted stock and performance shares) rather than open-market purchases. These are compensation-originated holdings reported for resale.

Cash-flow treatment and potential dilution are not specified in the excerpt; subsequent filings would show completed transactions if they occur.

Key Figures

Total shares listed: 13,756 shares Restricted Stock: 6,384 shares Performance Shares: 7,372 shares +1 more

4 metrics

Total shares listed 13,756 shares sum of listed restricted and performance shares in the excerpt

Restricted Stock 6,384 shares grant date <date>12/10/2024</date>

Performance Shares 7,372 shares grant date <date>12/10/2024</date>

Exchange NASDAQ listing venue indicated in the excerpt

Key Terms

Form 144, Restricted Stock, Performance Shares

3 terms

Form 144 regulatory

"submitted a Form 144 notice relating to proposed sales"

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.

Restricted Stock financial

"Common | 12/10/2024 | Restricted Stock"

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.

Performance Shares financial

"Common | 12/10/2024 | Performance Shares"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	13756	205048.31	280432141	05/11/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/10/2024	Restricted Stock	Issuer			6384	12/10/2024	Not Applicable
Common	12/10/2024	Performance Shares	Issuer			7372	12/10/2024	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does TFSL's Form 144 filing mean?

It notifies the SEC of an affiliate's proposed resale of securities. The excerpt lists 6,384 restricted shares and 7,372 performance shares dated 12/10/2024 as reported for potential sale.

Who is the filer on the TFSL Form 144?

The filer is Morgan Stanley Smith Barney LLC acting in an affiliate capacity. The filing entry identifies the firm and the specific equity award types listed for resale.

Are the listed TFSL shares already sold?

No. Form 144 is a notice of proposed resale. The excerpt shows quantities reported for resale but does not show completed sale details or purchaser information.

What types of securities are listed on the TFSL Form 144?

Two equity award types are listed: Restricted Stock (6,384 shares) and Performance Shares (7,372 shares), each carrying the grant date 12/10/2024.