TLS (NASDAQ: TLS) Form 144 shows proposed sale of 7,000 restricted shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
TLS submitted a Form 144 reporting a proposed sale of 7,000 restricted common shares. The filing also discloses recent sales by Derrick Dockery: 8,000 shares on 05/28/2026 for $38,240 and 18,000 shares on 05/14/2026 for $74,496.60. The broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services on 06/24/2026.
Positive
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Negative
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Key Figures
Proposed sale: 7,000 shares
Sale by Derrick Dockery: 8,000 shares
Sale by Derrick Dockery: 18,000 shares
+2 more
5 metrics
Proposed sale
7,000 shares
Restricted common shares to be sold (listed under Securities To Be Sold)
Sale by Derrick Dockery
8,000 shares
Sold on <date>05/28/2026 for <money>$38,240</money>
Sale by Derrick Dockery
18,000 shares
Sold on <date>05/14/2026 for <money>$74,496.60</money>
Broker
Morgan Stanley Smith Barney LLC
Listed broker/executive financial services address in the filing
Filing date shown
06/24/2026
Date associated with the securities line referencing NASDAQ
Key Terms
Form 144, Restricted Stock, Issuer
3 terms
Form 144 regulatory
"144: Securities To Be Sold"
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 | 05/08/2024 | 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.
Issuer regulatory
"Restricted Stock | Issuer | 7000 | 05/08/2024"
FAQ
What does the TLS Form 144 report?
The filing reports a proposed sale of 7,000 restricted common shares and prior sales by Derrick Dockery of 8,000 and 18,000 shares on specified dates.
Who is listed as the broker on the TLS Form 144?
The broker is listed as Morgan Stanley Smith Barney LLC Executive Financial Services, with an address at 1 New York Plaza, 8th Floor, New York, NY in the excerpt.
What were the amounts reported for recent sales by Derrick Dockery?
The filing shows a sale of 8,000 shares on 05/28/2026 for $38,240 and 18,000 shares on 05/14/2026 for $74,496.60.