Cowen (CACC) files Rule 144 notice: 22 shares to be sold post-exercise

Rhea-AI Filing Summary

Cowen Inc. (CACC) notice under Rule 144 reporting proposed and recent dispositions of Common Stock. The filing lists 22 shares to be sold on 06/15/2026 in connection with a stock option exercise for cash. It also records multiple prior sales by Jay D Martin totaling several thousand shares between 04/17/2026 and 06/09/2026, with individual trade sizes and proceeds shown.

Insights

Securities Compliance Counsel

Rule 144 notice of proposed resale and recent sales; procedural disclosure.

The filing lists a proposed sale of 22 shares on 06/15/2026 tied to a stock option exercise and cash settlement. It also itemizes prior dispositions by Jay D Martin with dates and gross proceeds per trade.

These entries are routine regulatory disclosures; timing and exact sale mechanics beyond the listed dates are not provided.

Equity Compensation Analyst

Small exercise-and-resale pattern; modest position movement.

The entry for 22 shares suggests a small post-exercise sale. Prior transactions (e.g., 3,000 shares on 04/17/2026) show larger dispositions earlier in the period. The filing quantifies per-trade proceeds but does not state remaining holdings.

Post-transaction holdings and any holding-period limitations are not disclosed here; subsequent filings may show further detail.

Key Figures

Proposed sale: 22 shares Prior sale 1: 3,000 shares Prior sale 2: 1,439 shares +3 more

6 metrics

Proposed sale 22 shares proposed sale on 06/15/2026 from stock option exercise

Prior sale 1 3,000 shares sale on 04/17/2026 by Jay D Martin

Prior sale 2 1,439 shares sale on 05/06/2026 by Jay D Martin

Prior sale 3 1,561 shares sale on 05/18/2026 by Jay D Martin

Prior sale 4 2,856 shares sale on 05/29/2026 by Jay D Martin

Largest listed proceeds $1,646,908.80 proceeds from 2,856-share sale on 05/29/2026

Key Terms

Rule 144, Stock Option Exercise, Fidelity Brokerage Services LLC

3 terms

Rule 144 regulatory

"144: Securities To Be Sold"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Stock Option Exercise financial

"Stock Option Exercise | Issuer | 22 | 06/15/2026 | Cash"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Fidelity Brokerage Services LLC other

"Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917"

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	22	12653.54	10460071	06/15/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/15/2026	Stock Option Exercise	Issuer			22	06/15/2026	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Jay D Martin 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	04/17/2026	3000	1576887.30
Jay D Martin 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	05/06/2026	1439	793248.61
Jay D Martin 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	05/18/2026	1561	862591.90
Jay D Martin 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	05/29/2026	2856	1645908.80
Jay D Martin 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	06/01/2026	51	29337.98
Jay D Martin 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	06/08/2026	18	10406.70
Jay D Martin 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	06/09/2026	26	14970.34

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Cowen (CACC) Form 144 report?

The Form 144 reports a proposed sale of 22 shares on 06/15/2026 tied to a stock option exercise. It also lists multiple prior sales by Jay D Martin with trade dates and gross proceeds.

Who is listed as selling shares in the filing for CACC?

The filing lists Jay D Martin for multiple prior dispositions between 04/17/2026 and 06/09/2026. The proposed sale of 22 shares on 06/15/2026 references a brokerage (Fidelity Brokerage Services LLC).

How many shares are proposed to be sold under this Form 144?

The Form 144 shows a proposed sale of 22 shares on 06/15/2026, described as resulting from a stock option exercise and settled for cash.

What prior sales are itemized in the CACC filing?

Prior sales by Jay D Martin include 3,000 shares on 04/17/2026, 1,439 shares on 05/06/2026, 1,561 shares on 05/18/2026, and others through 06/09/2026, with gross proceeds shown for each trade.

Does the Form 144 state post-transaction holdings or restrictions?

The excerpt does not state post-transaction holdings or any holding-period restrictions. The filing itemizes proposed and past sales but does not disclose remaining beneficial ownership totals.