STOCK TITAN

Proposed sale of 1,000 FLS shares; Kenneth Siegel sold 15,000 in May–June 2026 (FLS)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC filed a Form 144 notice showing a proposed sale of 1,000 shares of Common Stock on 05/21/2026 (listed with an aggregate amount of $81,000.00 in the excerpt). The filing also lists prior open-market dispositions by Kenneth I. Siegel totaling 15,000 shares across three dates in May–June 2026 with aggregate proceeds shown.

Positive

  • None.

Negative

  • None.

Insights

Routine broker-assisted resale notice; prior dispositions disclosed.

The Form 144 excerpt records a proposed resale of 1,000 shares on 05/21/2026 and lists prior sales by Kenneth I. Siegel of 9,000, 4,000, and 2,000 shares on the dates shown. The filing is a notice required for certain restricted/affiliated sales and does not itself consummate a sale.

Timing and cash‑flow treatment are those shown in the excerpt; subsequent Form 4 or broker confirmations would record actual transfers. Further regulatory implications depend on whether the shares are restricted or subject to volume limitations under the securities rules.

Small, disclosed insider dispositions spread across May–June 2026.

The documented sales total 15,000 shares across three transactions with disclosed proceeds in the excerpt; the proposed resale is 1,000 shares. These quantities are modest relative to large-cap floats but are relevant for short-term selling activity tracing.

Market impact is likely limited given the sizes shown; subsequent filings would clarify whether these are final dispositions or part of a planned program.

Proposed resale 1,000 shares 05/21/2026
Proceeds (proposed line) $81,000.00 associated with the 1,000-share line in the excerpt
Prior sale 9,000 shares 05/26/2026; proceeds $649,620.00
Prior sale 4,000 shares 06/11/2026; proceeds $307,000.00
Prior sale 2,000 shares 06/15/2026; proceeds $161,000.00
Prior dispositions total (sum of listed rows) 15,000 shares Aggregate of three listed past sales in excerpt
Form 144 regulatory
"144: Securities To Be Sold"
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.
Distribution from a Trust or an Estate legal
"Distribution from a Trust or an Estate | Issuer"
Services Rendered financial
"05/21/2026 | Services Rendered"
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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the Form 144 for FLS show?

The filing shows a proposed sale of 1,000 shares of Common Stock dated 05/21/2026. It also lists prior sales by Kenneth I. Siegel totaling 15,000 shares across May–June 2026 with proceeds shown.

Who is the selling party on the Form 144?

The excerpt names Morgan Stanley Smith Barney LLC as the broker for the proposed sale and shows prior dispositions by Kenneth I. Siegel. The filing lists those parties and the transaction dates explicitly.

How many shares were sold in the prior transactions listed?

The prior dispositions shown are 9,000 shares on 05/26/2026, 4,000 shares on 06/11/2026, and 2,000 shares on 06/15/2026, totaling 15,000 shares as disclosed in the excerpt.

What proceeds are shown for the past sales?

The excerpt lists aggregate proceeds of $649,620.00 for 9,000 shares, $307,000.00 for 4,000 shares, and $161,000.00 for 2,000 shares in the respective transactions as shown.