Cingulate EVP granted 5,475 bonus shares
Cingulate Inc. executive Nilay Dahyabhai Patel, EVP, CLO and CCO, received a grant of 5,475 shares of common stock on March 9, 2026.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Cingulate Inc. executive Nilay Dahyabhai Patel, EVP, CLO and CCO, received a grant of 5,475 shares of common stock on March 9, 2026. The shares were awarded under Cingulate’s 2021 Omnibus Equity Incentive Plan as part of Patel’s 2025 bonus. To cover related tax obligations, 2,086 shares otherwise issuable were withheld, leaving Patel with 3,389 shares of common stock held directly after these transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,475 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,086 | $0.00 | $0.00 |
Footnotes (2)
- F1. Shares of common stock were granted pursuant to the Issuer's 2021 Omnibus Equity Incentive Plan, as amended, for a portion of the Reporting Person's 2025 bonus.
- F2. Shares otherwise issuable were withheld to satisfy the Reporting Person's tax obligations on the grant described in footnote 1 above.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cingulate (CING) report for Nilay Dahyabhai Patel?
Under which plan was Nilay Dahyabhai Patel’s Cingulate (CING) stock grant issued?
Does the Cingulate (CING) Form 4 show open-market buying or selling by Patel?
AI-generated analysis. How Rhea-AI works. Not financial advice.