STOCK TITAN

CGON shareholder (NASDAQ: CGON) details planned 19,364-share stock sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

CGON shareholder Ambaw Bellete has notified intent to sell 19,364 shares of common stock through Morgan Stanley Smith Barney LLC on 08/14/2026, following a stock option exercise paid in cash. The notice also lists multiple prior open-market sales of CGON common stock over the past three months with individual transactions as large as 75,000 shares.

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Planned shares to be sold 19,364 shares Common stock sale associated with Morgan Stanley Smith Barney LLC on 08/14/2026
Planned aggregate sale value $1,452,635.00 Aggregate value for 19,364 common shares identified with NASDAQ on 08/14/2026
Sale on 08/06/2026 75,000 shares for $5,672,212.50 Common stock sold by Ambaw Bellete during past three months
Sale on 08/11/2026 50,000 shares for $3,810,255.00 Common stock sold by Ambaw Bellete during past three months
Sale on 07/15/2026 52,438 shares for $3,816,007.65 Common stock sold by Ambaw Bellete during past three months
Sale on 08/10/2026 50,000 shares for $3,770,580.00 Common stock sold by Ambaw Bellete during past three months
Form 144 regulatory
"144: Securities To Be Sold"
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 | 08/14/2026 | 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"

FAQ

What does CGON's Form 144 filing disclose?

It discloses that shareholder Ambaw Bellete plans to sell 19,364 CGON common shares on 08/14/2026, and lists multiple prior sales of CGON common stock during the past three months.

How many CGON shares are planned for sale in this Form 144?

The filing shows a planned sale of 19,364 CGON common shares. These shares are tied to a stock option exercise and are expected to be sold through Morgan Stanley Smith Barney LLC on 08/14/2026.

What recent CGON share sales has Ambaw Bellete reported?

Ambaw Bellete reports several CGON sales in the past three months, including 75,000 shares on 08/06/2026 for $5,672,212.50 and 50,000 shares on 08/11/2026 for $3,810,255.00.

How will the CGON shares be acquired before the planned sale?

The shares are linked to a Stock Option Exercise from the issuer, with the transaction labeled as paid in cash and dated 08/14/2026 before the planned sale of the 19,364 shares.

Which broker is handling the planned CGON share sale?

The planned sale of 19,364 CGON common shares is associated with Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

On which market are the CGON shares in this filing listed?

The common shares referenced in the filing are identified with a trading market of NASDAQ, in connection with the planned sale of 19,364 CGON common shares on 08/14/2026.

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

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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