Justin Peterson sold shares under 10b5-1 plan — TW (NASDAQ: TW)

Rhea-AI Filing Summary

TW reported director/officer sales under a pre-arranged 10b5-1 plan by Justin Peterson. The notice lists sales of 21,221 shares on 04/15/2026 for $2,560,496.15, 1,005 shares on 03/20/2026 for $125,760.57, and 3,212 shares on 03/18/2026 for $400,715.63.

The filing also references Performance Stock Units dated 01/01/2026 tied to 21,221 units. These entries are presented as sales effected pursuant to a trading plan rather than open-market discretionary trades.

Insights

Securities Compliance Analyst

Rule 144 notice lists multiple 10b5-1 sales by a named executive.

The excerpt documents sales by Justin Peterson under a 10b5-1 arrangement, including $2,560,496.15 on 04/15/2026 for 21,221 shares. Rule 144/Form 144 notices are administrative disclosures of intended or completed restricted/affiliate sales.

Key dependencies include the existence of the trading plan and application of Rule 144 resale conditions. Subsequent filings may confirm settlement details or additional transactions.

Key Figures

Sale on 04/15/2026: 21,221 shares Proceeds 04/15/2026: $2,560,496.15 Sale on 03/18/2026: 3,212 shares +2 more

5 metrics

Sale on 04/15/2026 21,221 shares Sale recorded on 04/15/2026

Proceeds 04/15/2026 $2,560,496.15 Proceeds from 21,221-share sale on 04/15/2026

Sale on 03/18/2026 3,212 shares Sale recorded on 03/18/2026 for $400,715.63

Proceeds 03/20/2026 $125,760.57 Proceeds from 1,005-share sale on 03/20/2026

Performance Stock Units referenced 21,221 units Performance Stock Units dated 01/01/2026

Key Terms

10b5-1, Form 144, Performance Stock Units

3 terms

10b5-1 regulatory

"10b5-1 Sales for JUSTIN PETERSON 245 PARK AVENUE"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Form 144 regulatory

"144: Securities Sold During The Past 3 Months"

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.

Performance Stock Units financial

"Performance Stock Units | Issuer | 01/01/2026 | 21221"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 06/01/2026 - 04:22 PM Accepted by SEC EDGAR 06/01/2026 - 04:22 PM Learn about SEC filing dates

FAQ

What 10b5-1 sales did TW report for Justin Peterson?

The filing lists sales of 21,221 shares on 04/15/2026 for $2,560,496.15, 1,005 shares on 03/20/2026 for $125,760.57, and 3,212 shares on 03/18/2026 for $400,715.63.

Were the sales executed under a trading plan in the TW filing?

Yes. The excerpt identifies the transactions as effected under a 10b5-1 sales plan for Justin Peterson, indicating pre-arranged sale instructions rather than ad-hoc discretionary trades.

Does the filing mention equity awards tied to these shares for TW?

The notice references Performance Stock Units dated 01/01/2026 associated with 21,221 units, linking award instruments to the listed share quantity in the excerpt.

What is the largest single sale amount reported in the TW excerpt?

The largest reported single sale is $2,560,496.15 on 04/15/2026, corresponding to 21,221 shares sold under the 10b5-1 plan.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	21221	2127405.25	116035961	06/01/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	01/01/2026	Performance Stock Units	Issuer			21221	01/01/2026	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for JUSTIN PETERSON 245 PARK AVENUE New York NY 10167	Common	04/15/2026	21221	2560496.15
10b5-1 Sales for JUSTIN PETERSON 245 PARK AVENUE New York NY 10167	Common	03/20/2026	1005	125760.57
10b5-1 Sales for JUSTIN PETERSON 245 PARK AVENUE New York NY 10167	Common	03/18/2026	3212	400715.63

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)