Director sale notice, CLPT (NASDAQ: CLPT) — 20,000 shares via option exercise

Rhea-AI Filing Summary

CLPT notice of proposed sale: a planned sale of 20,000 shares of Common Stock via exercise of stock options for cash on 06/29/2026. The filing also records prior 10b5-1 transactions on 06/17/2026 totaling 61,843 shares (60,000 and 1,843) with disclosed proceeds of $1,067,204.00 and $33,060.84, respectively.

Insights

Securities Counsel

Form 144 registers proposed resale activity and recent 10b5-1 sales by an insider.

The filing lists a proposed 20,000-share option exercise and prior 10b5-1 dispositions of 60,000 and 1,843 shares on 06/17/2026. The exercise line identifies the issuer as the recipient of cash for the option exercise.

Timing and completion of the proposed sale depend on regulatory transfer procedures and compliance with distribution rules; subsequent filings will show settlement details and any changes.

Key Figures

Planned shares to be sold: 20,000 shares 10b5-1 sale (Burnett): 60,000 shares 10b5-1 sale (Trust): 1,843 shares +2 more

5 metrics

Planned shares to be sold 20,000 shares Exercise of stock options on 06/29/2026

10b5-1 sale (Burnett) 60,000 shares 10b5-1 sale on 06/17/2026; proceeds $1,067,204.00

10b5-1 sale (Trust) 1,843 shares 10b5-1 sale by Joseph M. Burnett Trust on 06/17/2026; proceeds $33,060.84

Proceeds reported (large sale) $1,067,204.00 Proceeds from 60,000-share 10b5-1 sale on 06/17/2026

Proceeds reported (trust sale) $33,060.84 Proceeds from 1,843-share 10b5-1 sale on 06/17/2026

Key Terms

Form 144, 10b5-1, Exercise of Stock Options

3 terms

Form 144 regulatory

"144: Securities Information Common ... 06/29/2026 | Exercise of Stock Options"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

10b5-1 regulatory

"10b5-1 Sales for JOSEPH M BURNETT ... Common | 06/17/2026"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Exercise of Stock Options financial

"Common | 06/29/2026 | Exercise of Stock Options | Issuer"

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Available on EDGAR 06/29/2026 - 01:42 PM Accepted by SEC EDGAR 06/29/2026 - 01:42 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	20000	369600.00	29989563	06/29/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/29/2026	Exercise of Stock Options	Issuer			20000	06/29/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for JOSEPH M BURNETT 120 S. SIERRA AVENUE, SUITE 100 SOLANA BEACH CA 92075	Common	06/17/2026	60000	1067204.00
10b5-1 Sales for Joseph M. Burnett Trust dated 10/20/2022 120 S. SIERRA AVENUE, SUITE 100 SOLANA BEACH CA 92075	Common	06/17/2026	1843	33060.84

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does CLPT's Form 144 disclose about the 06/29/2026 transaction?

It discloses a proposed sale of 20,000 shares via exercise of stock options for cash on 06/29/2026. The form identifies the method as an option exercise and lists the issuer as the cash recipient.

How many shares were sold under 10b5-1 plans in the past three months for CLPT?

The filing shows prior 10b5-1 sales of 60,000 shares and 1,843 shares on 06/17/2026. Reported gross proceeds were $1,067,204.00 and $33,060.84, respectively.

Who executed the 10b5-1 sales reported in the CLPT Form 144?

Joseph M. Burnett executed 10b5-1 sales of 60,000 shares and the Joseph M. Burnett Trust dated 10/20/2022 sold 1,843 shares on 06/17/2026, as listed in the filing.

Does the Form 144 state who receives proceeds from the option exercise?

Yes. The exercise line in the filing lists the issuer as the recipient of cash for the 20,000-share option exercise on 06/29/2026, per the disclosure.