CGON shareholder (NASDAQ: CGON) details planned 19,364-share stock sale
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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Key Figures
Planned shares to be sold: 19,364 shares
Planned aggregate sale value: $1,452,635.00
Sale on 08/06/2026: 75,000 shares for $5,672,212.50
+3 more
6 metrics
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
Key Terms
Form 144, Stock Option Exercise, Executive Financial Services
3 terms
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.