Insider sells 69,557 shares — Cogent (NASDAQ: CGNT) Form 144 filing
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
CGNT reported a Form 144 filing showing a sale of securities by an insider. The filing lists 69,557 Ordinary Shares sold on 04/06/2026 for $640,491.70, brokered by Oppenheimer & Co. Inc. The excerpt also lists 60,656 Restricted Stock Units dated 03/26/2024.
Positive
- None.
Negative
- None.
Insights
Form 144 shows an insider disposition of 69,557 shares, a routine reported sale.
The filing lists a reported sale of 69,557 Ordinary Shares on 04/06/2026 for $640,491.70, with Oppenheimer & Co. noted as broker. This is a disclosure of a planned disposition under Section 144 reporting rules.
Timing and motive are not stated in the excerpt; subsequent filings may show any remaining holdings or 10b5-1 plan references.
Key Figures
Shares sold: 69,557 shares
Proceeds (gross): $640,491.70
Restricted Stock Units: 60,656 RSUs
+1 more
4 metrics
Shares sold
69,557 shares
disposition date 04/06/2026
Proceeds (gross)
$640,491.70
value shown for 69,557 shares
Restricted Stock Units
60,656 RSUs
granted/dated 03/26/2024
Broker
Oppenheimer & Co. Inc.
listed on Form 144 cover information
Key Terms
Form 144, Restricted Stock Units, Ordinary Shares
3 terms
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Units financial
"Securities To Be Sold | Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
What does CGNT's Form 144 disclose about insider sales?
It discloses a sale of 69,557 Ordinary Shares for $640,491.70. The filing shows the disposition date as 04/06/2026, with Oppenheimer & Co. listed as broker and a prior RSU grant dated 03/26/2024.
Who acted as broker for the CGNT sale reported on Form 144?
Oppenheimer & Co. Inc. is listed as the broker. The filing identifies Oppenheimer & Co., located at 85 Broad St, New York, NY, in connection with the reported sale transaction.
How many Restricted Stock Units are listed in the CGNT excerpt?
The excerpt lists 60,656 Restricted Stock Units dated 03/26/2024. These RSUs appear under securities to be sold/issuer information in the provided excerpt; the filing does not state settlement or vesting details.