CGEM (CGEM) insider to sell 30,000 shares after stock option exercise
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
- None.
Negative
- None.
Key Figures
Shares planned for sale: 30,000 shares
Planned sale value: $588,000.00
Prior 10b5-1 sale shares: 8,000 shares
+3 more
6 metrics
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
Key Terms
Exercise of Stock Options, 10b5-1 Sales, Executive Financial Services
3 terms
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
AI-generated analysis. How Rhea-AI works. Not financial advice.