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Adam Crystal files Form 144; TNGX insider sells 72,797 shares (TNGX)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Adam Crystal submitted a Form 144 reporting proposed dispositions of Common stock tied to option exercises and restricted stock units, and disclosing recent 10b5-1 sales. The filing lists an exercise of stock options for 15,000 shares on 03/05/2026 (cash), and restricted stock units totaling 5,251 with an award date of 02/03/2025.

The filing also reports completed 10b5-1 sales by Adam Crystal: 54,345 shares sold on 02/25/2026 for $694,208.46, and 18,452 shares sold on 02/03/2026 for $226,300.30.

Positive

  • None.

Negative

  • None.

Insights

Reported actions show option exercise plus 10b5-1 sales by the reporting person.

The filing documents a 15,000-share exercise of stock options with cash payment on 03/05/2026 and 5,251 restricted stock units (award date 02/03/2025).

It also lists two executed 10b5-1 sales: 54,345 shares for $694,208.46 on 02/25/2026 and 18,452 shares for $226,300.30 on 02/03/2026. Cash‑flow treatment for the exercise and RSUs is the issuer as listed; additional settlement detail or remaining proposed sale amounts are timing and amounts not provided in the excerpt.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What did Adam Crystal report on Form 144 for TNGX?

Adam Crystal reported proposed dispositions of common stock including an option exercise and RSUs. The filing lists a 15,000-share option exercise on 03/05/2026 and 5,251 restricted stock units with award date 02/03/2025.

How many shares did Adam Crystal sell under 10b5-1 and for how much?

Two 10b5-1 sales are disclosed totaling 72,797 shares. Sales include 54,345 shares for $694,208.46 on 02/25/2026 and 18,452 shares for $226,300.30 on 02/03/2026.

Who is listed as the broker or dealer on the filing?

Morgan Stanley Smith Barney LLC is listed as the securities intermediary. The filing shows the broker address as 1 New York Plaza, 8th Floor, New York, NY 10004 associated with the securities entries.

Does the filing state how the option exercise was settled?

The option exercise for 15,000 shares is labeled as a cash transaction. The extract explicitly lists the exercise on 03/05/2026 with the method marked as Cash.

Are the restricted stock units being sold or just listed?

The filing lists 5,251 restricted stock units with an award date of 02/03/2025. The line shows the RSUs under "Securities To Be Sold," but specific sale method or proceeds are not provided in the excerpt.
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