Tempur Sealy Insider Notice: 6,016 Shares via Morgan Stanley on 09/05/2025
Rhea-AI Filing Summary
Tempur Sealy International (TPX) filed a Form 144 notifying the proposed sale of 6,016 shares of common stock through Morgan Stanley Smith Barney on 09/05/2025. The filing lists an aggregate market value of $522,477.57 and states there are 209,888,100 shares outstanding. The securities were acquired as restricted stock: 4,016 shares on 05/11/2024 and 2,000 shares on 05/10/2019. The filer reports no sales in the past three months and includes the standard representation that they are not aware of any undisclosed material adverse information about the issuer. The notice identifies the selling broker and provides required acquisition and payment details.
Positive
- Full Rule 144 disclosure provided including broker, share count, and acquisition details
- No sales in the past three months reported, indicating this is a planned transaction
Negative
- None.
Insights
TL;DR Routine insider notice for a modest block of restricted shares to be sold through a broker.
The Form 144 is a standard disclosure that an insider or affiliate intends to sell 6,016 common shares via Morgan Stanley Smith Barney with an aggregate value of $522,477.57. The filing documents acquisition dates and that the shares were issued as restricted stock in 2019 and 2024. There are no reported sales in the prior three months, which suggests this is a scheduled disclosure rather than an off-cycle disposition. For investors, this filing simply signals a planned sale by an insider but provides no new operational or financial information about the company itself.
TL;DR Compliance-focused filing that meets Rule 144 requirements; no governance red flags evident from the notice.
The notice includes required broker details, share counts, acquisition dates, and the filer’s representation regarding undisclosed material information. The use of restricted stock and the absence of recent sales are consistent with routine post-vesting or planned transactions. The document contains the standard legal attestation language and does not disclose any departures from expected insider disclosure practices.