Insider (NASDAQ: CGON) files to sell 75,000 shares after recent stock sales

Rhea-AI Filing Summary

Ambaw Bellete filed to sell 75,000 shares of CGON common stock through Morgan Stanley Smith Barney LLC’s Executive Financial Services program on NASDAQ, related to a stock option exercise dated August 6, 2026. The filing also lists multiple prior common stock sales by Bellete over the past three months with substantial dollar values.

Key Figures

Shares proposed for sale: 75,000 shares Aggregate market value of proposed sale: $5,672,212.50 Recent sale on 08/05/2026: 25,000 shares; $1,837,500.00 +2 more

5 metrics

Shares proposed for sale 75,000 shares Common stock to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services

Aggregate market value of proposed sale $5,672,212.50 Value associated with 75,000 common shares in the planned transaction

Recent sale on 08/05/2026 25,000 shares; $1,837,500.00 Common stock sale by Ambaw Bellete within the past three months

Recent sale on 07/28/2026 50,000 shares; $3,625,195.00 Common stock sale by Ambaw Bellete disclosed in past 3 months table

Recent sale on 07/15/2026 52,438 shares; $3,816,007.65 Largest single disclosed share block sold by Ambaw Bellete in the period

Key Terms

Executive Financial Services, Stock Option Exercise, Securities Sold During The Past 3 Months

3 terms

Executive Financial Services financial

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

Stock Option Exercise financial

"Common | 08/06/2026 | Stock Option Exercise | Issuer | | | 75000"

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.

Securities Sold During The Past 3 Months regulatory

"144: Securities Sold During The Past 3 Months"

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Available on EDGAR 08/06/2026 - 04:17 PM Accepted by SEC EDGAR 08/06/2026 - 04:16 PM Learn about SEC filing dates

FAQ

What does the CGON Form 144 filing by Ambaw Bellete disclose?

The filing shows Ambaw Bellete plans to sell 75,000 CGON common shares through Morgan Stanley’s Executive Financial Services program, tied to a stock option exercise dated August 6, 2026, and lists several prior stock sales in recent months.

How many CGON shares are proposed for sale in this Form 144?

The Form 144 reports a proposed sale of 75,000 CGON common shares. These shares are to be sold through Morgan Stanley Smith Barney LLC’s Executive Financial Services, with the transaction associated with a stock option exercise on August 6, 2026, for cash.

What is the aggregate market value of CGON shares in the proposed Form 144 sale?

The filing lists an aggregate market value of $5,672,212.50 for the 75,000 CGON shares to be sold. This figure reflects the total dollar amount associated with the proposed sale described in the Form 144 filing.

Which brokerage is handling the planned CGON stock sale in this Form 144?

The planned sale of 75,000 CGON common shares is listed under Morgan Stanley Smith Barney LLC’s Executive Financial Services at 1 New York Plaza. This indicates Morgan Stanley will facilitate the transaction on NASDAQ for the reporting person.

What prior CGON stock sales by Ambaw Bellete are disclosed in the Form 144?

The filing lists several prior CGON common stock sales, including 50,000-share transactions on July 27 and July 28, 2026, and a 52,438-share sale on July 15, 2026, with corresponding proceeds in the millions of dollars.

How recent are the CGON stock transactions reported for Ambaw Bellete?

The Form 144 shows transactions over the past three months, including sales dated July 15, 23, 27, 28, and 29, 2026, and August 5, 2026. These entries provide recent historical context for Bellete’s CGON trading activity.

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	75000	5672212.50	88640375	08/06/2026	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	08/06/2026	Stock Option Exercise	Issuer			75000	08/06/2026	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	08/05/2026	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)