STOCK TITAN

CGEM (CGEM) insider to sell 30,000 shares after stock option exercise

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A shareholder of the company with symbol CGEM has indicated an intent to sell 30,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on August 13, 2026 on NASDAQ, in connection with a cash exercise of stock options. The disclosure also lists prior 10b5-1 sales for Jennifer Michaelson of 8,000 shares of common stock on July 6, 2026 for $142,586.

Positive

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Negative

  • None.
Shares planned for sale 30,000 shares Common stock to be sold on 08/13/2026
Planned sale value $588,000.00 Aggregate value for 30,000 shares of common stock
Prior 10b5-1 sale shares 8,000 shares Common stock sold on 07/06/2026 under 10b5-1 sales
Prior 10b5-1 sale value $142,586.00 Proceeds from 8,000-share sale on 07/06/2026
Planned sale date 08/13/2026 Date for sale of 30,000 common shares
Prior sale date 07/06/2026 Date of 8,000-share 10b5-1 sale
Exercise of Stock Options financial
"Common | 08/13/2026 | Exercise of Stock Options | Issuer"
10b5-1 Sales financial
"10b5-1 Sales for JENNIFER MICHAELSON One Main Street"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

FAQ

What share sale is being planned for CGEM in this Form 144 disclosure?

The disclosure indicates an intended sale of 30,000 shares of CGEM common stock on August 13, 2026 through Morgan Stanley Smith Barney LLC Executive Financial Services, related to a cash exercise of stock options and to be sold on NASDAQ.

What is the reported aggregate value of CGEM shares planned for sale?

The filing reports an aggregate value of $588,000.00 for the 30,000 CGEM common shares intended for sale. This figure reflects the total value associated with the proposed transaction as disclosed in the securities information section.

What prior CGEM share sales are disclosed for Jennifer Michaelson?

The document lists prior 10b5-1 sales for Jennifer Michaelson of 8,000 CGEM common shares on July 6, 2026 for $142,586.00. These transactions are reported as securities sold during the past three months.

On which market are the CGEM shares expected to be sold?

The planned sale of 30,000 CGEM common shares is listed as occurring on NASDAQ. This applies to the shares associated with the stock option exercise scheduled for August 13, 2026, as disclosed in the securities information section.

How are the CGEM shares being acquired before the planned sale?

The planned disposition of 30,000 CGEM shares is tied to an Exercise of Stock Options by the issuer, with the consideration specified as cash. The option exercise date is disclosed as August 13, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature