In October 2022, the aggregate value of Form 144s filed rose 33% from September. That increase is reflected in the 31% rise in the total number of shares brokered. Additionally, the increase in overall value is largely due to a significant 84% increase in
the total value of Form 144s filed under 10b5-1 plans. When compared to October 2021, brokers filed 30% more filings this
year, resulting in a total reported value 16% higher than a year ago. However, when isolated to planned 144s, the aggregate
value of 144s pursuant to 10b5-1 fell 9%, year-over-year.
*Monthly aggregates for May 2022 exclude data derived from pandemic-delayed, non-electronic Form 144 filings. Due to dissimilar data sets, monthly aggregates for May 2022 are not yet available for comparison.
Goldman Sachs claimed the top title in October by brokering nearly a quarter of the market’s reported value, due in part to orchestrating the two largest filings last month at ZoomInfo (see table, next page). Morgan Stanley brokered the highest number of shares, but took second place in overall value and number of filings. JP Morgan finished in third, while
Williams Trading took fourth place, making its first appearance in the top five this year by brokering a large filing for Longview Asset Management. Fidelity rounded out the October rankings.
|Filer||Company||Broker||Value (M)||Shares (M)|
|CP VI Evergreen Holdings LP||ZoomInfo Technologies - [ZI]||Goldman Sachs||$441.1||10.34*|
|Carlyle Partners VI Evergreen Holdings LP||ZoomInfo Technologies - [ZI]||Goldman Sachs||$438.7||10.28*|
|Longview Asset Management LLC||General Dynamics Corp - [GD]||Williams Trading||$419.9||1.75*|