CGON (NASDAQ: CGON) holder files to sell 32,137 shares after option exercise

Rhea-AI Filing Summary

CGON received a notice of proposed sales of common stock by shareholder Ambaw Bellete under a resale filing. The plan lists up to 32,137 common shares to be sold through Morgan Stanley Smith Barney LLC’s Executive Financial Services, tied to a stock option exercise dated 08/12/2026, with an aggregate market value of $2,526,514.53. The shares are listed on NASDAQ. Over the prior three months, Bellete reported multiple open‑market sales of CGON common stock, 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, along with several other transactions in late July and early August 2026.

Key Figures

Planned shares to be sold: 32,137 shares Aggregate market value of planned sale: $2,526,514.53 Sale on 08/11/2026: 50,000 shares for $3,810,255.00 +2 more

5 metrics

Planned shares to be sold 32,137 shares Common stock tied to stock option exercise dated 08/12/2026

Aggregate market value of planned sale $2,526,514.53 Market value for 32,137 CGON common shares

Sale on 08/11/2026 50,000 shares for $3,810,255.00 CGON common stock sold by Ambaw Bellete during past 3 months

Sale on 08/06/2026 75,000 shares for $5,672,212.50 CGON common stock sold by Ambaw Bellete during past 3 months

Sale on 07/15/2026 52,438 shares for $3,816,007.65 CGON common stock sold by Ambaw Bellete during past 3 months

Key Terms

stock option exercise, aggregate market value, Executive Financial Services

3 terms

stock option exercise financial

"Common | 08/12/2026 | 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.

aggregate market value financial

"Common | ... | 32137 | 2526514.53 | 88640375 | 08/12/2026"

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

"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

FAQ

What stock sale is CGON shareholder Ambaw Bellete planning under this notice?

Ambaw Bellete plans to sell up to 32,137 CGON common shares through Morgan Stanley Smith Barney LLC, tied to a stock option exercise on 08/12/2026, with an aggregate market value of $2,526,514.53 as stated in the filing.

Which broker is handling the planned CGON share sale for Ambaw Bellete?

The planned sale of 32,137 CGON common shares is listed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, as the executing broker for these transactions.

On which exchange are the CGON shares in this Form 144-style notice listed?

The common shares referenced in the notice are listed on NASDAQ. The planned transaction covers 32,137 CGON common shares with an aggregate market value of $2,526,514.53, associated with a stock option exercise dated 08/12/2026.

What recent CGON stock sales by Ambaw Bellete are disclosed in the past 3 months?

The disclosure lists several CGON sales, 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, plus additional transactions in July and August 2026 at varying share amounts and dollar values.

How many CGON shares did Ambaw Bellete sell on 07/15/2026?

On 07/15/2026, Ambaw Bellete sold 52,438 CGON common shares for a total consideration of $3,816,007.65, according to the three‑month transaction history included with the notice of proposed sales.

Is the CGON share sale related to a stock option exercise?

Yes. The planned sale of 32,137 CGON common shares is described as arising from a Stock Option Exercise by the issuer, with the transaction dated 08/12/2026 and designated as a cash transaction through the named broker.

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Available on EDGAR 08/12/2026 - 05:43 PM Accepted by SEC EDGAR 08/12/2026 - 05:43 PM Learn about SEC filing dates

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	32137	2526514.53	88640375	08/12/2026	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	08/12/2026	Stock Option Exercise	Issuer			32137	08/12/2026	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	08/11/2026	50000	3810255.00
AMBAW BELLETE 3000 Pegasus Park Drive SUITE 1640 Dallas TX 75247	Common	08/10/2026	50000	3770580.00
AMBAW BELLETE 3000 Pegasus Park Drive SUITE 1640 Dallas TX 75247	Common	08/07/2026	9250	696062.50
AMBAW BELLETE 3000 Pegasus Park Drive SUITE 1640 Dallas TX 75247	Common	08/06/2026	75000	5672212.50
AMBAW BELLETE 3000 Pegasus Park Drive SUITE 1640 Dallas TX 75247	Common	08/05/2026	25000	1837500.00
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)