Insider sells 25,000 shares via 10b5-1 (NYSE: ULS) — Morgan Stanley listed

Rhea-AI Filing Summary

Jennifer Scanlon reported planned dispositions of Common Stock under a 10b5-1 arrangement. The excerpt lists two completed 10b5-1 sales: 12,500 shares on 06/01/2026 for $1,249,982.50 and 12,500 shares on 05/01/2026 for $1,144,595.00. The filing also lists securities available for sale from previously exercised stock options (30,212 shares) and restricted stock units (7,288 shares).

Insights

Insider Transactions Analyst

Routine 10b5-1 sales and disclosed equity sources; no new governance issues.

The filing records two 10b5-1 dispositions of Common Stock by Jennifer Scanlon: 05/01/2026 and 06/01/2026, each for 12,500 shares with reported gross proceeds. It also lists 30,212 previously exercised stock options and 7,288 RSUs as securities to be sold.

These entries are procedural disclosures of planned or completed sales under a trading plan and a listing of available equity sources. Cash‑flow treatment and remaining post‑transaction holdings are not shown in the provided excerpt; subsequent filings may provide fuller position context.

Key Figures

10b5-1 sale on 06/01/2026: 12,500 shares 10b5-1 sale on 05/01/2026: 12,500 shares Previously exercised stock options listed: 30,212 shares +1 more

4 metrics

10b5-1 sale on 06/01/2026 12,500 shares sale proceeds <money>$1,249,982.50</money>

10b5-1 sale on 05/01/2026 12,500 shares sale proceeds <money>$1,144,595.00</money>

Previously exercised stock options listed 30,212 shares dated <date>04/01/2025</date>

Restricted stock units listed 7,288 shares dated <date>05/01/2026</date>

Key Terms

10b5-1, Restricted Stock Units, Previously Exercised Stock Options

3 terms

10b5-1 regulatory

"10b5-1 Sales for JENNIFER SCANLON11 EAST WALTON STREET"

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.

Restricted Stock Units financial

"Restricted Stock Units | Issuer | | | 7288 | 05/01/2026"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Previously Exercised Stock Options financial

"Previously Exercised Stock Options | Issuer | | | 30212 | 04/01/2025"

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Available on EDGAR 07/01/2026 - 04:51 PM Accepted by SEC EDGAR 07/01/2026 - 04:50 PM Learn about SEC filing dates

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

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	37500	3819750.00	77808115	07/01/2026	NYSE

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	04/01/2025	Previously Exercised Stock Options	Issuer			30212	04/01/2025	Cash
Common	05/01/2026	Restricted Stock Units	Issuer			7288	05/01/2026	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 JENNIFER SCANLON11 EAST WALTON STREET 333 Pfingsten Road Northbrook IL 60062	Common	06/01/2026	12500	1249982.50
10b5-1 Sales for JENNIFER SCANLON11 EAST WALTON STREET 333 Pfingsten Road Northbrook IL 60062	Common	05/01/2026	12500	1144595.00

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)

FAQ

Who reported the stock sales for ULS?

The sales were reported by Jennifer Scanlon. The excerpt identifies her as the reporting person and shows two 10b5-1 sales of Common Stock on 05/01/2026 and 06/01/2026.

How many shares and proceeds were reported in the 10b5-1 sales?

The filing lists two sales of 12,500 shares each. Proceeds reported are $1,144,595.00 for the 05/01/2026 sale and $1,249,982.50 for the 06/01/2026 sale.

What securities are listed as available to be sold in the filing?

The excerpt lists 30,212 shares from previously exercised stock options (dated 04/01/2025) and 7,288 restricted stock units (dated 05/01/2026) as securities to be sold.

Which broker/dealer handled the transactions in this filing?

The broker/dealer named in the excerpt is Morgan Stanley Smith Barney LLC, located at 1 New York Plaza, 8th Floor, New York, NY. It is listed in the securities information section.