CGON (CGON) insider files to sell 50,000 shares after option exercise

Rhea-AI Filing Summary

CGON filed to allow the sale of common stock by an affiliate. The filing lists a proposed sale of 50,000 shares of common stock through Morgan Stanley Smith Barney LLC on NASDAQ on July 23, 2026, with an aggregate market value of $3,588,620.00. The shares are to be sold for cash and were acquired from the issuer on July 23, 2026 through a stock option exercise. In the preceding three months, a holder identified as Ambaw Bellete sold 52,438 common shares on July 15, 2026 for total proceeds of $3,816,007.65.

Key Figures

Planned shares to be sold: 50,000 shares Aggregate market value of planned sale: $3,588,620.00 Shares sold in past 3 months: 52,438 shares +2 more

5 metrics

Planned shares to be sold 50,000 shares Common stock proposed for sale on July 23, 2026

Aggregate market value of planned sale $3,588,620.00 Market value of 50,000 common shares listed for sale

Shares sold in past 3 months 52,438 shares Common shares sold by Ambaw Bellete on July 15, 2026

Proceeds from prior sale $3,816,007.65 Total consideration for 52,438 common shares sold July 15, 2026

Planned sale date 07/23/2026 Date listed for proposed NASDAQ sale of 50,000 shares

Key Terms

Form 144, stock option exercise, aggregate market value, Executive Financial Services

4 terms

Form 144 regulatory

"CGON's latest Form 144 filing reports a planned sale of 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

"shares were acquired from the issuer through 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

"with an aggregate market value of $3,588,620.00"

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

"Morgan Stanley Smith Barney LLC Executive Financial Services"

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Available on EDGAR 07/23/2026 - 04:02 PM Accepted by SEC EDGAR 07/23/2026 - 04:02 PM Learn about SEC filing dates

FAQ

What does CGON's latest Form 144 filing report?

CGON reports a planned sale of 50,000 common shares through Morgan Stanley Smith Barney LLC on July 23, 2026, with an aggregate market value of $3,588,620.00 on NASDAQ.

How many CGON shares are planned to be sold and at what value?

The filing lists a proposed sale of 50,000 CGON common shares with an aggregate market value of $3,588,620.00, to be sold for cash through a broker on NASDAQ.

How were the CGON shares in the Form 144 acquired?

The 50,000 CGON common shares covered by the Form 144 were acquired from the issuer via a stock option exercise dated July 23, 2026, and are now registered for possible resale.

What recent CGON share sales are disclosed for the past 3 months?

The filing notes that Ambaw Bellete sold 52,438 CGON common shares on July 15, 2026, receiving total proceeds of $3,816,007.65 during the prior three-month period.

Which broker is handling the planned CGON share sale?

The proposed sale of 50,000 CGON common shares is listed as being handled by Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, with trading on NASDAQ.

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	50000	3588620.00	88202473	07/23/2026	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	07/23/2026	Stock Option Exercise	Issuer			50000	07/23/2026	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	07/15/2026	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)