Morgan Stanley Smith Barney to sell WCC shares (NYSE: WCC)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Morgan Stanley Smith Barney LLC filed a Form 144 notice to sell Common stock of WCC. The filing lists proposed sales tied to restricted stock vesting under a registered plan: 3,462 shares (02/17/2025), 327 shares (02/16/2025) and 211 shares (02/13/2025).
Positive
- None.
Negative
- None.
Key Figures
Proposed sale (lot 1): 3,462 shares
Proposed sale (lot 2): 327 shares
Proposed sale (lot 3): 211 shares
3 metrics
Proposed sale (lot 1)
3,462 shares
Restricted stock vesting under a registered plan on 02/17/2025
Proposed sale (lot 2)
327 shares
Restricted stock vesting under a registered plan on 02/16/2025
Proposed sale (lot 3)
211 shares
Restricted stock vesting under a registered plan on 02/13/2025
Key Terms
Form 144, restricted stock vesting, registered plan, Services Rendered
4 terms
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.
restricted stock vesting financial
"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 financial
"Restricted stock vesting under a registered plan"
Services Rendered other
"02/17/2025 | Services Rendered Common"
FAQ
What does the Form 144 filed for WCC mean?
It notifies the SEC of a proposed sale of restricted Common stock. The notice lists planned sales tied to restricted stock vesting under a registered plan on specific dates.
Who is the filing party on the Form 144 for WCC?
The filer is Morgan Stanley Smith Barney LLC. The notice names this broker/dealer as the submitting party for the proposed sales.
Are the proposed WCC sales tied to compensation or an incentive plan?
Yes; the listed shares are described as restricted stock vesting under a registered plan and are labeled 'Services Rendered' on the specified vesting dates.