CGON (CGON) insider Ambaw Bellete files to sell 50,000 shares

Rhea-AI Filing Summary

Ambaw Bellete filed a Form 144 indicating an intention to sell 50,000 shares of common stock of CGON through Morgan Stanley Smith Barney LLC Executive Financial Services on NASDAQ on or after July 28, 2026, in connection with a stock option exercise. The notice also lists prior sales over the past three months totaling more than 150,000 shares of common stock.

Key Figures

Planned shares to be sold: 50,000 shares Planned sale value: $3,625,195.00 Shares sold July 27, 2026: 50,000 shares +5 more

8 metrics

Planned shares to be sold 50,000 shares Common stock sale planned on or after July 28, 2026

Planned sale value $3,625,195.00 Aggregate value associated with 50,000 planned shares

Shares sold July 27, 2026 50,000 shares Common stock sold during past three months

Value July 27, 2026 sale $3,627,995.00 Aggregate value of 50,000 shares sold July 27, 2026

Shares sold July 23, 2026 50,000 shares Common stock sold during past three months

Value July 23, 2026 sale $3,588,620.00 Aggregate value of 50,000 shares sold July 23, 2026

Shares sold July 15, 2026 52,438 shares Common stock sold during past three months

Value July 15, 2026 sale $3,816,007.65 Aggregate value of 52,438 shares sold July 15, 2026

Key Terms

Form 144, Stock Option Exercise, Executive Financial Services

3 terms

Form 144 regulatory

"Ambaw Bellete filed a Form 144 indicating an intention to sell shares"

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.

Stock Option Exercise financial

"Common | 07/28/2026 | 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"

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 Not now

Available on EDGAR 07/28/2026 - 04:59 PM Accepted by SEC EDGAR 07/28/2026 - 04:58 PM Learn about SEC filing dates

FAQ

What does the CGON Form 144 filed by Ambaw Bellete report?

The Form 144 reports Ambaw Bellete’s planned sale of 50,000 shares of CGON common stock on or after July 28, 2026, following a stock option exercise, through Morgan Stanley Smith Barney LLC on NASDAQ.

How many CGON shares does Ambaw Bellete plan to sell under this Form 144?

Ambaw Bellete plans to sell 50,000 shares of CGON common stock. The filing lists these shares as being sold through Morgan Stanley Smith Barney LLC Executive Financial Services in a transaction tied to a stock option exercise.

What is the approximate value of the CGON shares registered in the new Form 144?

The 50,000 CGON shares are associated with an approximate aggregate value of $3,625,195.00. This figure reflects the value reported alongside the planned sale through Morgan Stanley Smith Barney LLC on NASDAQ.

What CGON share sales has Ambaw Bellete reported in the past three months?

Over the past three months, Ambaw Bellete reported selling 50,000 shares on July 27, 2026, 50,000 shares on July 23, 2026, and 52,438 shares on July 15, 2026, all in CGON common stock.

Are the CGON shares in the new Form 144 related to a stock option exercise?

Yes. The Form 144 specifies the planned sale of 50,000 CGON common shares as arising from a Stock Option Exercise, with the transaction type described as cash and the issuer listed as the source of the option exercise.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	50000	3625195.00	88202473	07/28/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/28/2026	Stock Option Exercise	Issuer			50000	07/28/2026	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
AMBAW BELLETE 3000 Pegasus Park Drive SUITE 1640 Dallas TX 75247	Common	07/27/2026	50000	3627995.00
AMBAW BELLETE 3000 Pegasus Park Drive SUITE 1640 Dallas TX 75247	Common	07/23/2026	50000	3588620.00
AMBAW BELLETE 3000 Pegasus Park Drive SUITE 1640 Dallas TX 75247	Common	07/15/2026	52438	3816007.65

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)