Morgan Stanley broker files Form 144 notifying TYGO sale (TYGO)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLCForm 144 notifying a proposed sale of common stock of TYGO. The notice lists securities associated with restricted stock vesting under a registered plan on 03/04/2024 (11,054 shares) and 08/11/2024 (31,113 shares).

The filing names the broker/address and indicates NASDAQ as the market; timing and exact sale mechanics are described as securities "to be sold" in the notice.

Insights

Compliance Counsel

Form 144 notifies planned brokered resale of vested restricted shares.

The filing lists two tranches of common stock tied to restricted stock vesting on 03/04/2024 (11,054 shares) and 08/11/2024 (31,113 shares). It names Morgan Stanley Smith Barney LLC as the broker and NASDAQ as the market.

These notices are administrative disclosures; execution details, timing, and any lock-up or Rule 144 qualification language are not shown in the excerpt.

Key Figures

Form 144 total listed shares: 42,167 shares Vesting date 1: 11,054 shares Vesting date 2: 31,113 shares +1 more

4 metrics

Form 144 total listed shares 42,167 shares sum of 11,054 and 31,113 listed vesting tranches

Vesting date 1 11,054 shares vesting under registered plan on <date>03/04/2024</date>

Vesting date 2 31,113 shares vesting under registered plan on <date>08/11/2024</date>

Exchange listed NASDAQ market identified in the filing excerpt

Key Terms

Form 144, Restricted stock vesting, Registered plan

3 terms

Form 144 regulatory

"Securities To Be Sold list and header"

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.

Restricted stock vesting financial

"Described as 'Restricted stock vesting under a registered plan'"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

Registered plan regulatory

"Phrase appears in securities description for each tranche"

A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.

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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	42167	162132.12	75910794	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	03/04/2024	Restricted stock vesting under a registered plan	Issuer			11054	03/04/2024	Services Rendered
Common	08/11/2024	Restricted stock vesting under a registered plan	Issuer			31113	08/11/2024	Services Rendered

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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)

FAQ

What does the TYGO Form 144 filing report?

It reports a proposed resale of common stock via Morgan Stanley Smith Barney LLC. The notice lists two vested restricted stock tranches totaling 42,167 shares tied to 03/04/2024 and 08/11/2024 under a registered plan.

Who is the broker handling the proposed sale in the TYGO Form 144?

Morgan Stanley Smith Barney LLC is listed as the broker and contact address. The filing names the broker and lists NASDAQ as the market for the proposed resale in the notice excerpt.

Do the Form 144 entries show the sale was completed for TYGO?

No; the filing notifies proposed sales rather than completed trades. It lists securities "to be sold" associated with vesting events; execution timing and transaction details are not provided in the excerpt.

How many shares are listed in the TYGO Form 144 notice?

The notice lists 11,054 shares vesting on 03/04/2024 and 31,113 shares vesting on 08/11/2024, which sum to 42,167 shares shown in the excerpt.