WAY (NASDAQ: WAY) Form 144 lists 200,000-share sale on 05/28/2026
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
WAY Rule 144 notice states 200,000 shares of Common stock are to be sold following an exercise of options under a registered plan with the transaction dated 05/28/2026. The filing lists cash as the payment method and names Morgan Stanley Smith Barney LLC Executive Financial Services as the broker/placement agent.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 200,000 shares
Transaction date: 05/28/2026
Payment method listed: Cash
3 metrics
Shares to be sold
200,000 shares
listed under "Securities To Be Sold" with date <date>05/28/2026</date>
Transaction date
05/28/2026
date shown in the securities row for the sale
Payment method listed
Cash
payment method shown in the securities row for the 200,000-share sale
Key Terms
Rule 144, exercise of options under a registered plan, Form 144
3 terms
Rule 144 regulatory
"Securities To Be Sold — Exercise of options under a registered plan"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
exercise of options under a registered plan financial
"Securities To Be Sold | Exercise of options under a registered plan"
Form 144 regulatory
"Filer Information | 144: Filer Information"
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.
FAQ
What does the WAY Form 144 disclose?
The Form 144 discloses a planned sale of 200,000 shares of Common stock dated 05/28/2026. It states the sale follows an exercise of options under a registered plan and lists cash as the payment method, with Morgan Stanley Smith Barney LLC named.
Who is listed as the broker or placement agent in the WAY notice?
The filing lists Morgan Stanley Smith Barney LLC Executive Financial Services at One New York Plaza, 8th Floor, New York, NY. This name appears in the securities row associated with the 200,000-share sale dated 05/28/2026.
Does the Form 144 state the sale proceeds recipient for WAY?
The Form 144 shows the method of payment as Cash for the transaction dated 05/28/2026. The filing text does not state any additional destination or use of proceeds beyond listing cash as the payment method.
Is the WAY sale linked to option exercise or another reason?
The filing explicitly states the securities are being sold following an exercise of options under a registered plan. The row for the securities-to-be-sold ties the 200,000-share sale to that exercise and lists the transaction date as 05/28/2026.