Affiliate to sell 24,375 shares at CGEN (CGEN) — proposed 03/26/2026
Rhea-AI Filing Summary
CGEN affiliate filed a notice to sell 24,375 ordinary shares. The filing lists two option-originated lots: 22,375 shares from an 11/09/2022 grant and 2,000 shares from an 08/03/2023 grant, with the proposed sale date of 03/26/2026. The filing lists an aggregate amount of $50,212.50 and shows 94,553,191 shares outstanding as of 03/26/2026 as context.
Positive
- None.
Negative
- None.
Insights
Notice of proposed affiliate sale of 24,375 ordinary shares under employee option grants.
The notice lists two option lots totaling 24,375 shares with a proposed sale date of 03/26/2026 and an aggregate value reported as $50,212.50. This is a regulatory notice under resale rules and does not itself record a completed market sale.
Cash‑flow treatment and buyer details are not provided in the excerpt; subsequent Form 4 or transaction reports would show completed dispositions if executed.
Scale is small relative to the reported outstanding share count.
The filing shows 24,375 shares against 94,553,191 shares outstanding as of 03/26/2026, indicating a negligible overhang on supply. The listed aggregate value is $50,212.50, implying a low notional size for market impact.
Investor impact depends on whether the options are exercised and sold; timing and execution method are not detailed in the excerpt.
FAQ
What does CGEN's Form 144 disclose?
Does the Form 144 show proceeds to the issuer for CGEN?
How large is the proposed sale versus CGEN's outstanding shares?
Are the shares in the filing from option exercises?
Does this filing mean the shares have already been sold?