CG Oncology (NASDAQ: CGON) officer plans new sale after $7.95M August trade
Rhea-AI Filing Summary
CG Oncology, Inc. (CGON) received a Form 144 notice from officer Ambaw Bellete for a proposed sale of 5,762 shares of common stock. The shares are to be sold following a stock option exercise, with Morgan Stanley Smith Barney LLC listed as the broker. The notice also reports multiple prior sales of CG Oncology common stock by Bellete over the past three months, including several large blocks in July and August 2026.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 5,762 shares
Recent sale 08/19/2026: 100,000 shares; $7,954,105.00
Recent sale 08/06/2026: 75,000 shares; $5,672,212.50
+2 more
5 metrics
Shares to be sold
5,762 shares
Common stock proposed for sale by Ambaw Bellete under Form 144
Recent sale 08/19/2026
100,000 shares; $7,954,105.00
Common stock sold by Ambaw Bellete during the past 3 months
Recent sale 08/06/2026
75,000 shares; $5,672,212.50
Common stock sale reported in the 3‑month history
Recent sale 07/15/2026
52,438 shares; $3,816,007.65
Common stock sale reported in the 3‑month history
Recent sale 08/10/2026
50,000 shares; $3,770,580.00
Common stock sale reported in the 3‑month history
Key Terms
Rule 144, Stock Option Exercise, NASDAQ
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of 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.
Stock Option Exercise financial
"Common | 08/24/2026 | 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.
NASDAQ financial
"88640375 | 08/24/2026 | NASDAQ"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.
FAQ
What does the Form 144 filed for CGON disclose?
The Form 144 for CG Oncology, Inc. (CGON) discloses that officer Ambaw Bellete intends to sell 5,762 shares of CG Oncology common stock, to be sold in connection with a stock option exercise through a broker.
What prior CGON stock sales by Ambaw Bellete are reported in the last 3 months?
The notice lists multiple earlier sales of CG Oncology common stock, including 100,000 shares on 08/19/2026, 75,000 shares on 08/06/2026, and several blocks of 50,000 shares and 52,438 shares in July and August 2026.
On which market is CG Oncology (CGON) stock indicated in this Form 144?
The securities information section identifies the market for CG Oncology common stock as NASDAQ.
AI-generated analysis. How Rhea-AI works. Not financial advice.