Richard Horowitz sells 67,500 shares (TRT) via Form 144
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Richard Horowitz submitted a Form 144 notice reporting proposed sales of common stock and disclosing a sale of 67,500 shares on 05/18/2026 for $1,221,735.29. The filing lists multiple past open‑market transactions and several equity compensation issuances with discrete share counts.
Positive
- None.
Negative
- None.
Insights
Form 144 shows an affiliate-proposed sale and recent realized disposition.
The filing lists a reported sale of 67,500 shares on 05/18/2026 for $1,221,735.29 and multiple historical open‑market dispositions. It also records equity compensation issuances with specific share counts.
These disclosures document ordinary affiliate liquidity activity; cash‑flow treatment to or from the issuer is not stated. Subsequent filings would show settlement details if required.
Key Figures
Shares sold (reported): 67,500 shares
Proceeds reported: $1,221,735.29
Open‑market disposals (examples): 7,748; 9,600; 2,200; 4,200; 2,000 shares
+1 more
4 metrics
Shares sold (reported)
67,500 shares
Sale date <date>05/18/2026</date>
Proceeds reported
$1,221,735.29
Sale date <date>05/18/2026</date>
Open‑market disposals (examples)
7,748; 9,600; 2,200; 4,200; 2,000 shares
Various dates 10/07/2008–09/28/2011
Equity compensation issuances (examples)
15,425; 20,000; 20,000; 10,000 shares
Grant dates 02/01/2019–02/09/2022
Key Terms
Form 144, equity compensation, open market, issuer
4 terms
Form 144 regulatory
"Richard Horowitz ... submitted a Form 144 notice reporting proposed sales"
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.
equity compensation financial
"common | 02/01/2019 | equity compensation | issuer | 15425"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
open market market
"common | 10/07/2008 | open market | open market | 7748"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
issuer regulatory
"common | 02/01/2019 | equity compensation | issuer"
FAQ
What did the Form 144 for TRT disclose about recent insider sales?
The filing reports a reported sale of 67,500 shares on 05/18/2026 for $1,221,735.29. It also lists earlier open‑market dispositions and equity compensation issuances with specified share counts, documenting past transactions rather than new corporate actions.
Who is the selling party named in the Form 144 for TRT?
The Form 144 names Richard Horowitz as the reporting seller. The filing associates his name and address with the disclosed sale of 67,500 shares on 05/18/2026 and lists other historical transactions by date and method.
Does the Form 144 state how proceeds are used by TRT?
No, the document does not state the use of proceeds. The filing lists the sale amount of $1,221,735.29 for 67,500 shares, but it does not attribute those proceeds to the issuer or any specific recipient in the excerpt provided.