STOCK TITAN

Insider sale notice — TNGX (NASDAQ:TNGX) reports planned share sales

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

Rhea-AI Filing Summary

Issuer submitted a Form 144 notice reporting proposed sales of common stock. The filing lists a stock option exercise tied to 914 shares dated 06/10/2026 and restricted stock of 3,532 shares dated 03/16/2017. The broker listed is Morgan Stanley Smith Barney LLC and an amount of $133,380.00 appears in the record.

Positive

  • None.

Negative

  • None.

Insights

Form 144 records proposed sale by an affiliate under Rule 144; details show share counts and broker.

The entry documents a stock option exercise for 914 shares (dated 06/10/2026) and a restricted stock line for 3,532 shares (dated 03/16/2017). Morgan Stanley Smith Barney LLC is listed as the broker/placement agent.

Regulatory treatment hinges on holding periods and transfer restrictions; the filing is a notice of intent to sell, not confirmation of completed sales. Subsequent trade confirmations or Form 4/5 filings would show completion.

Form date 06/10/2026 date associated with stock option exercise and filing lines
Stock option exercise shares 914 shares Stock Option Exercise entry dated <date>06/10/2026</date>
Restricted stock shares 3,532 shares Restricted Stock entry dated <date>03/16/2017</date>
Recorded amount $133,380.00 Monetary figure appearing in the filing record
Form 144 regulatory
"Filer Information | 144: Filer Information"
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.
Stock Option Exercise financial
"Common | 06/10/2026 | Stock Option Exercise"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
Restricted Stock financial
"Common | 03/16/2017 | 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.
Morgan Stanley Smith Barney LLC other
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"
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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 does TNGX's Form 144 report?

It reports an intent to sell common shares under Rule 144. The notice lists a stock option exercise of 914 shares and restricted stock of 3,532 shares, with Morgan Stanley Smith Barney LLC as the broker.

Does the Form 144 confirm the shares were sold for TNGX?

No; Form 144 is an intent-to-sell notice. It documents proposed sales and related details but does not confirm execution. Completed trades would appear in subsequent trade confirmations or other SEC filings.

Who is the broker listed on the TNGX filing?

The broker shown is Morgan Stanley Smith Barney LLC, located at 1 New York Plaza. The filing ties the proposed transactions to that broker for placement or sale handling.

What monetary value appears in the filing for TNGX?

The record shows $133,380.00 as a monetary figure associated with the filing. The filing text does not elaborate further on how that amount relates to specific lots or sales.