ALAB (NASDAQ: ALAB) proposed sale of 170,000 common shares via Form 144
Rhea-AI Filing Summary
ALAB proposed the sale of 170,000 shares of Common Stock under Form 144. The filing lists Morgan Stanley Smith Barney LLC, Executive Financial Services, as the filer and shows the shares were acquired on 03/21/2018 by private acquisition from issuer or an affiliate. The filing records $18,632,000.00 on the securities line and includes an anchor date of 04/01/2026.
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Insights
Form 144 notice for proposed sale of 170,000 common shares by a broker/dealer account.
The paperwork shows a proposed disposition of 170,000 shares tied to a private acquisition on 03/21/2018. The filer is identified as Morgan Stanley Smith Barney LLC, Executive Financial Services.
Regulatory context: this is a supply/notice filing under Rule 144 procedures; cash proceeds and exact sale mechanics are not detailed in the excerpt.
Routine Form 144 filing; no material corporate change evident from the excerpt.
The entry lists an aggregate monetary figure of $18,632,000.00 on the securities line, which appears alongside the 170,000-share quantity and a Nasdaq listing reference. The excerpt does not state planned timing, brokers, or distribution methods.
Market impact depends on whether the shares are sold in single blocks or over time; subsequent trade reporting would show execution details.