STOCK TITAN

CGON (NASDAQ: CGON) files notice to sell 6,000 shares on 06/22/2026

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

CGON filing a Rule 144 notice reporting the proposed sale of 6,000 common shares by an affiliated account on 06/22/2026. The filing also records a 10b5-1 sale of 1,000 common shares on 06/04/2026 for $54,500.00. The transaction method for the 6,000 shares is listed as exercise of stock options with cash used for the exercise.

Positive

  • None.

Negative

  • None.

Insights

Routine Rule 144 notice and a 10b5-1 sale; no material corporate event.

The filing lists a proposed resale of 6,000 common shares on 06/22/2026 arising from an exercise of stock options. It separately reports a 10b5-1 sale of 1,000 shares on 06/04/2026 for $54,500.00.

Timing and proceeds treatment are stated in the notice; cash-flow treatment for the 10b5-1 sale is explicit. Subsequent filings or broker confirmations would show completion details and any withholding or net proceeds.

Noticed shares 6,000 shares proposed sale on 06/22/2026 from exercise of stock options
10b5-1 sale 1,000 shares sale on 06/04/2026 reported for Leonard E Post
Proceeds reported (10b5-1) $54,500.00 aggregate amount shown for the 06/04/2026 10b5-1 sale
Exercise payment method Cash exercise of stock options on 06/22/2026 paid in cash
Rule 144 regulatory
"Filing type line and resale notice referencing proposed sale under Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
10b5-1 regulatory
"10b5-1 Sales for LEONARD E POST entry showing a sale on 06/04/2026"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Exercise of Stock Options financial
"Securities To Be Sold line stating 'Exercise of Stock Options' for 06/22/2026"
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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

FAQ

What does CGON's Rule 144 filing report?

The filing reports a proposed sale of 6,000 common shares on 06/22/2026. It states the shares arise from an exercise of stock options and the exercise method is listed as cash.

Was there a recent 10b5-1 sale disclosed for CGON?

Yes. The filing records a 10b5-1 sale of 1,000 common shares on 06/04/2026 with proceeds shown as $54,500.00. The sale is listed under the reporting individual's 10b5-1 plan.

Who is the broker or intermediary named in the filing?

The filing lists Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza as the broker/intermediary handling the resale notice for the securities on 06/22/2026.

Does this Rule 144 notice itself transfer ownership?

No. A Rule 144 notice reports a proposed resale of restricted or control securities; it does not by itself transfer ownership. Execution details and settlement would be documented separately after sale.