XYZ Form 144: Insider to sell 5,659 common shares on NYSE
Rhea-AI Filing Summary
XYZ received a Form 144 notice from insider Dhananjay Prasanna for a planned sale of 5,659 common shares through Morgan Stanley Smith Barney on or about 11/21/2025 on the NYSE. The shares have an aggregate market value of $353,944.98, compared with 547,667,000 common shares outstanding.
The shares to be sold were acquired as restricted stock from the issuer on 11/20/2025. The filing also lists prior open-market sales over the past three months, including 900 shares on 11/03/2025 for gross proceeds of $68,535.00 and 900 shares on 10/15/2025 for $69,300.00. By signing the notice, the seller represents they are not aware of undisclosed material adverse information about XYZ.
Positive
- None.
Negative
- None.
FAQ
What does the Form 144 filing for XYZ disclose?
The Form 144 discloses that insider Dhananjay Prasanna intends to sell 5,659 shares of XYZ common stock with an aggregate market value of $353,944.98 through Morgan Stanley Smith Barney on or about 11/21/2025 on the NYSE.
How many XYZ shares are outstanding compared to the planned Form 144 sale?
The notice states that there are 547,667,000 common shares of XYZ outstanding, while the insider plans to sell 5,659 shares under this Form 144.
When and how were the XYZ shares in this Form 144 acquired?
The 5,659 shares covered by the Form 144 were acquired on 11/20/2025 as restricted stock from the issuer, with the nature of payment stated as "Not Applicable."
Which broker is handling the planned XYZ Form 144 sale?
The planned sale of XYZ common stock will be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.
What prior XYZ stock sales by the insider are disclosed in the Form 144?
The filing lists several sales over the past three months by Dhananjay Prasanna, including 900 shares on 11/03/2025 for gross proceeds of $68,535.00 and 900 shares on 10/15/2025 for $69,300.00, among other transactions.
What representation does the insider make in the XYZ Form 144?
By signing the notice, the insider represents that they do not know any material adverse information about the current or prospective operations of XYZ that has not been publicly disclosed.