Cingulate EVP granted stock; shares withheld for taxes
Cingulate Inc. reported that EVP and Chief Medical Officer Matthew Brams received a grant of 4,526 shares of common stock on March 9, 2026.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Cingulate Inc. reported that EVP and Chief Medical Officer Matthew Brams received a grant of 4,526 shares of common stock on March 9, 2026. The shares were granted under the company’s 2021 Omnibus Equity Incentive Plan as part of his 2025 bonus.
On the same date, 1,025 shares of common stock were withheld to cover his tax obligations related to this grant. After these transactions, Brams directly holds 8,157 shares of common stock. The withholding is a tax payment mechanism, not an open-market sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,526 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,025 | $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
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What insider transaction did Cingulate (CING) report for Matthew Brams?
Was Matthew Brams’ Cingulate (CING) Form 4 an open-market stock trade?
AI-generated analysis. How Rhea-AI works. Not financial advice.