CGON (CGON) insider Ambaw Bellete plans 25,000-share stock sale via broker

Rhea-AI Filing Summary

CGON insider Ambaw Bellete filed a notice to sell up to 25,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate market value of $1,837,500.00, on or after August 5, 2026 on NASDAQ. These shares are tied to a stock option exercise paid in cash on the same date.

The filing also lists recent sales of CGON common stock during the prior three months by Ambaw Bellete, including 52,438 shares for $3,816,007.65 on July 15, 2026, and additional transactions on July 23, 27, 28, and 29, 2026 with share amounts ranging from 4,303 to 50,000 shares.

Key Figures

Planned shares to be sold: 25,000 shares Aggregate market value: $1,837,500.00 Sale on July 15, 2026: 52,438 shares; $3,816,007.65 +4 more

7 metrics

Planned shares to be sold 25,000 shares Common stock proposed for sale on or after August 5, 2026

Aggregate market value $1,837,500.00 Market value of 25,000 CGON shares listed for sale

Sale on July 15, 2026 52,438 shares; $3,816,007.65 Common stock sold by Ambaw Bellete on July 15, 2026

Sale on July 23, 2026 50,000 shares; $3,588,620.00 Common stock sold by Ambaw Bellete on July 23, 2026

Sale on July 27, 2026 50,000 shares; $3,627,995.00 Common stock sold by Ambaw Bellete on July 27, 2026

Sale on July 28, 2026 50,000 shares; $3,625,195.00 Common stock sold by Ambaw Bellete on July 28, 2026

Sale on July 29, 2026 4,303 shares; $316,270.50 Common stock sold by Ambaw Bellete on July 29, 2026

Key Terms

Form 144, Stock Option Exercise, aggregate market value, Executive Financial Services

4 terms

Form 144 regulatory

"CGON insider Ambaw Bellete filed a Form 144 notice 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

"The 25,000 shares are listed as acquired via a Stock Option Exercise"

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.

aggregate market value financial

"25,000 shares of common stock with an aggregate market value of $1,837,500.00"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

Executive Financial Services financial

"Sale to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services"

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 08/05/2026 - 04:33 PM Accepted by SEC EDGAR 08/05/2026 - 04:32 PM Learn about SEC filing dates

FAQ

What stock sale is disclosed in CGON’s latest Form 144 filing?

The filing reports a planned sale of 25,000 shares of CGON common stock with an aggregate market value of $1,837,500.00, to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on or after August 5, 2026.

Who is the reporting person in CGON’s Form 144 and what is their address?

The reporting person is Ambaw Bellete, with an address at 3000 Pegasus Park Drive, Suite 1640, Dallas, TX 75247. The notice covers proposed sales and past three-month sales of CGON common stock.

How were the 25,000 CGON shares to be sold on August 5, 2026 acquired?

The 25,000 CGON shares listed for sale on August 5, 2026 are shown as acquired via a Stock Option Exercise, with the issuer as the party from whom acquired and the form of payment described as cash.

What recent CGON share sales did Ambaw Bellete report over the past three months?

Ambaw Bellete reported several CGON sales, including 52,438 shares for $3,816,007.65 on July 15, 2026, 50,000 shares for $3,588,620.00 on July 23, and additional transactions on July 27, 28, and 29, 2026.

Through which broker are the CGON shares expected to be sold under this Form 144?

The shares are expected to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, as listed in the securities information section.

On which exchange are the CGON shares in this Form 144 planned to be sold?

The common shares referenced in the Form 144 are listed for sale on the NASDAQ exchange, with 25,000 shares of CGON common stock carrying an aggregate market value of $1,837,500.00 at the time of the notice.

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	25000	1837500.00	88202473	08/05/2026	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	08/05/2026	Stock Option Exercise	Issuer			25000	08/05/2026	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	07/29/2026	4303	316270.50
AMBAW BELLETE 3000 Pegasus Park Drive SUITE 1640 Dallas TX 75247	Common	07/28/2026	50000	3625195.00
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)