7,031 Class A shares sold after option exercise — TNK (NYSE: TNK)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
TNK reported a Form 144 notice for the sale of 7,031 shares of Class A Common on 06/08/2026. The filing states the transaction arose from an Exercise of Options Under a Registered Plan and lists cash proceeds of $502,947.82.
Positive
- None.
Negative
- None.
Insights
Form 144 reports a registered resale following option exercise; routine compliance filing.
The filing lists a sale of 7,031 Class A Common shares on 06/08/2026, described as resulting from an Exercise of Options Under a Registered Plan. The excerpt shows an aggregate cash amount of $502,947.82.
This is a procedural disclosure under resale rules; cash‑flow treatment and receiving party are shown as Cash and Issuer respectively. Subsequent filings may clarify exact seller identity or settlement details.
Key Figures
Shares sold: 7,031 shares
Aggregate cash: $502,947.82
Filing type date: 06/08/2026
3 metrics
Shares sold
7,031 shares
Sale date <date>06/08/2026</date>
Aggregate cash
$502,947.82
Listed in Form 144 associated with the sale
Filing type date
06/08/2026
Form 144 sale date
Key Terms
Form 144, Exercise of Options Under a Registered Plan, Class A Common
3 terms
Form 144 regulatory
"Form 144 notice for sale of securities"
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.
Exercise of Options Under a Registered Plan financial
"Exercise of Options Under a Registered Plan | Issuer"
Class A Common financial
"Class A Common | 06/08/2026 | Exercise of Options"
FAQ
What does TNK's Form 144 report?
The Form 144 reports the proposed sale of 7,031 Class A Common shares by TNK on 06/08/2026. The filing states the sale followed an exercise of options under a registered plan and lists aggregate cash of $502,947.82.
Was the sale tied to option exercise for TNK (NYSE: TNK)?
Yes. The filing explicitly describes the transaction as an Exercise of Options Under a Registered Plan. The Form 144 lists the disposition method as a sale of shares arising from that exercise on 06/08/2026.
How much cash did TNK list from the sale?
The excerpt shows aggregate cash of $502,947.82 associated with the transaction. The filing pairs this dollar amount with the 7,031 shares sold on 06/08/2026 under the registered plan exercise.
Who is the filing party for the Form 144 for TNK?
The filing lists Morgan Stanley Smith Barney LLC Executive Financial Services with an address at 1 New York Plaza. The entry appears in the filer/issuer information section of the Form 144 excerpt.