CCCC (NASDAQ) insider exercise-and-sale: 9,087 options sold from 29,080 grant
Rhea-AI Filing Summary
CCCC reported a same-day exercise-and-sale of stock options granted under its 2020 Equity Incentive Plan. The filing states 29,080 options were granted on 02/14/2025; of those, 9,087 vested and were exercised and sold pursuant to a same-day sale transaction. The filing lists brokerage details for the transaction.
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Insights
Form 144 documents a routine exercise-and-sell of vested option shares under the company's equity plan.
The filing records an option grant of 29,080 options dated 02/14/2025 and shows 9,087 options vested, exercised, and sold in a same-day transaction. This pattern is a common liquidity action tied to option vesting and exercise mechanics.
The cash treatment and exact sale proceeds are not stated in the provided excerpt; subsequent filings or broker confirmations would show proceeds and tax withholding details if required.