CGON (CGON) investor lists 25,989-share sale after series of stock disposals
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.
Key Figures
Planned shares to be sold: 25,989 shares
Aggregate market value of planned sale: $1,973,970.86
Common shares outstanding: 88,640,375 shares
+3 more
6 metrics
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
Key Terms
Stock Option Exercise, Executive Financial Services, Securities Sold During The Past 3 Months
3 terms
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.
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.