Cingulate (CING) EVP Brams receives stock grant with tax withholding
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brams Matthew
Role
EVP and Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,526 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,025 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,182 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 Matthew Brams?
Cingulate reported that EVP and Chief Medical Officer Matthew Brams received a grant of 4,526 common shares on March 9, 2026. The grant was issued under the 2021 Omnibus Equity Incentive Plan as part of his 2025 bonus compensation.
Was Matthew Brams’ Cingulate (CING) Form 4 an open-market stock trade?
The Form 4 reflects a stock grant and tax withholding, not open-market trading. Brams received 4,526 shares as part of his 2025 bonus, and 1,025 shares were withheld solely to satisfy associated tax obligations on that equity award.