STOCK TITAN

CGON (CGON) investor lists 25,989-share sale after series of stock disposals

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

CGON has a planned sale of common stock reported by a shareholder. The filing lists 25,989 common shares to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate market value of $1,973,970.86, against 88,640,375 common shares outstanding, with an expected sale date of 08/13/2026 on NASDAQ.

The filing also details multiple open-market sales of common shares by Ambaw Bellete during the past three months, including 75,000 shares for $5,672,212.50 on 08/06/2026 and several other transactions ranging from a few thousand to 50,000 shares each.

Positive

  • None.

Negative

  • None.
Planned shares to be sold 25,989 shares Common stock listed for sale with expected date 08/13/2026
Aggregate market value of planned sale $1,973,970.86 Value of 25,989 common shares to be sold
Common shares outstanding 88,640,375 shares Outstanding CGON common shares referenced in the notice
Sale on 08/12/2026 32,137 shares for $2,526,514.53 Common stock sale by Ambaw Bellete
Sale on 08/11/2026 50,000 shares for $3,810,255.00 Common stock sale by Ambaw Bellete
Sale on 08/06/2026 75,000 shares for $5,672,212.50 Common stock sale by Ambaw Bellete
Stock Option Exercise financial
"Common | 08/13/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
Securities Sold During The Past 3 Months regulatory
"144: Securities Sold During The Past 3 Months"

FAQ

What volume of CGON common stock is planned for sale in this Form 144?

The filing indicates a planned sale of 25,989 CGON common shares with an aggregate market value of $1,973,970.86, expected to be sold on 08/13/2026 through Morgan Stanley Smith Barney LLC Executive Financial Services.

How many CGON shares are outstanding according to this Form 144?

The document states that there are 88,640,375 CGON common shares outstanding. This figure provides context for the relative size of the planned 25,989-share sale reported in the notice.

Which broker is handling the planned CGON stock sale?

The planned sale of 25,989 CGON common shares is listed as being handled by Morgan Stanley Smith Barney LLC Executive Financial Services, with the sale expected on 08/13/2026 on NASDAQ.

What recent CGON stock sales by Ambaw Bellete are disclosed?

Ambaw Bellete is shown selling CGON common shares on multiple dates, including 75,000 shares for $5,672,212.50 on 08/06/2026 and 50,000 shares for $3,810,255.00 on 08/11/2026, among other transactions.

Does the Form 144 for CGON involve a stock option exercise?

Yes. The securities to be sold include common stock related to a Stock Option Exercise, with 25,989 shares to be sold for cash on or about 08/13/2026, as indicated in the filing details.

On which market is the planned CGON sale expected to occur?

The planned sale of 25,989 CGON common shares associated with a stock option exercise is listed as occurring on NASDAQ on or about 08/13/2026, according to the transaction information.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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