CG Oncology officer plans $3.8M stock sale
Rhea-AI Filing Summary
CG Oncology, Inc. (CGON) received a notice under Rule 144 from officer Ambaw Bellete covering a proposed sale of 50,000 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $3,775,250.00 and 88,640,375 shares outstanding as of 08/31/2026.
The shares are to be sold on or after 08/31/2026 in connection with a stock option exercise for cash. The notice also lists multiple prior sales of CG Oncology common stock by Ambaw Bellete during the past three months, including several transactions of tens of thousands of shares.
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Key Figures
Shares to be sold: 50,000 shares of common stock
Aggregate market value of securities to be sold: $3,775,250.00
Shares outstanding: 88,640,375 shares
+4 more
7 metrics
Shares to be sold
50,000 shares of common stock
Proposed Rule 144 sale by Ambaw Bellete
Aggregate market value of securities to be sold
$3,775,250.00
Value of 50,000 CG Oncology shares covered by the notice
Shares outstanding
88,640,375 shares
Common stock outstanding as of 08/31/2026
Proposed sale date
08/31/2026
Date for the Rule 144 sale and stock option exercise
Past sale on 08/19/2026
100,000 shares for $7,954,105.00
One of the securities sold during the past 3 months
Past sale on 08/17/2026
52,438 shares for $4,034,894.35
Securities sold during the past 3 months
Past sale on 08/10/2026
50,000 shares for $3,770,580.00
Securities sold during the past 3 months
Key Terms
Rule 144, stock option exercise, aggregate market value, securities to be sold, +1 more
5 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 | 08/31/2026 | 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 | Morgan Stanley Smith Barney LLC ... | 50000 | 3775250.00"
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.
securities to be sold financial
"144: Securities To Be Sold"
securities sold during the past 3 months financial
"144: Securities Sold During The Past 3 Months"
FAQ
What transaction is Ambaw Bellete reporting for CGON in this Form 144?
Ambaw Bellete is reporting a proposed sale of 50,000 shares of CG Oncology, Inc. common stock under Rule 144, to be executed through Morgan Stanley Smith Barney LLC in connection with a stock option exercise for cash on or after 08/31/2026.
How large is the proposed Rule 144 sale for CGON in dollar terms?
The proposed Rule 144 sale by Ambaw Bellete covers 50,000 shares of CG Oncology common stock with an aggregate market value of $3,775,250.00, as stated in the securities information section of the notice.
What prior CGON stock sales by Ambaw Bellete are disclosed in the past 3 months?
The notice lists multiple prior sales of CG Oncology common stock by Ambaw Bellete over the past three months, including a sale of 100,000 shares for $7,954,105.00 on 08/19/2026 and several other transactions involving tens of thousands of shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.