Cingulate (CING) EVP granted 5,475 shares; 2,086 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Patel Nilay Dahyabhai
Role
EVP, CLO and CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,475 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,086 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,475 shares (Direct)
Footnotes (1)
- 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. Shares otherwise issuable were withheld to satisfy the Reporting Person's tax obligations on the grant described in footnote 1 above.
FAQ
What insider transaction did Cingulate (CING) report for Nilay Dahyabhai Patel?
Cingulate reported that EVP, CLO and CCO Nilay Dahyabhai Patel received 5,475 common shares as a stock grant. The award was made under the 2021 Omnibus Equity Incentive Plan as part of his 2025 bonus compensation.
Under which plan was Nilay Dahyabhai Patel’s Cingulate (CING) stock grant issued?
The common stock granted to Patel was issued under Cingulate’s 2021 Omnibus Equity Incentive Plan, as amended. The footnotes specify the grant represents a portion of his 2025 bonus compensation paid in equity.
Does the Cingulate (CING) Form 4 show open-market buying or selling by Patel?
The Form 4 does not show open-market buying or selling. It reports a stock grant of 5,475 shares as compensation and a related tax-withholding disposition of 2,086 shares, both categorized as non-derivative transactions.