Form 4: Morgan Stanley Chief Risk Officer Charles Aubrey Smith III Sells 11,200 Shares

Charles Aubrey Smith III, Chief Risk Officer of Morgan Stanley, sold 11,200 shares of common stock at an average price of $90.091 on April 17, 2024.

Summary

• On April 17, 2024, Charles Aubrey Smith III, the Chief Risk Officer of Morgan Stanley, sold 11,200 shares of Morgan Stanley common stock.
• The sale was executed at a weighted average price of $90.091 per share.
• The prices for individual transactions ranged from $90.015 to $90.185.
• Following the transaction, Smith directly owns 126,190.27 shares of Morgan Stanley common stock.
• Smith also indirectly owns 5,228.925 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports a transaction. It doesn't inherently indicate positive or negative sentiment about the company's future.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

• The sale of shares by a high-ranking officer could be perceived negatively by some shareholders, although it is a common practice and doesn't necessarily indicate a lack of confidence in the company.

Key Dates