Form 4 for CRNC Cerence Inc.
Accepted 2024-10-09 00:00:00 ET · period of report 2024-10-07 · accession 0000950170-24-113812 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-10-09 | 2024-10-07+ | CRNC | Schanz Nils | EVP Product, Technology | S - Sale | $3.25 | -32.3K | 68.0K | -32% | -$104.7K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-10-09 | S | D | 16,411 | $3.59 | 51,569 | D | — | — | (F2) The sale reported on this Form 4 represents shares sold by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 12/14/2023. |
| 2 | Common | Common Stock | 2024-10-07 | S | D | 15,848 | $2.89 | 67,980 | D | — | — | (F1) Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person. |