CNTA Form 144: Option Exercise and Proposed Sale of 24,792 Shares
Rhea-AI Filing Summary
Centessa Pharmaceuticals plc (CNTA) reported a Form 144 notice showing an insider sale tied to a same-day option exercise. The filer intends to sell 24,792 shares of common stock on 09/09/2025 through UBS Financial Services (11 Madison Ave., New York) on the NASDAQ, with an aggregate market value of $495,840.00. The filing lists total shares outstanding as 134,073,436. The acquisition details state the shares were acquired by exercise of a stock option on 09/09/2025 and paid for in cash. The form indicates there were no securities sold by the reporting person in the past three months.
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Insights
TL;DR: Insider exercised options and plans to sell 24,792 CNTA shares worth $495,840 on 09/09/2025; transaction disclosed per Rule 144.
The filing documents a routine Rule 144 notification: options were exercised and the resulting shares are to be sold through UBS on NASDAQ on the stated date. The disclosure includes the number of shares outstanding (134,073,436) and confirms no other sales in the prior three months by the reporting person. This is a compliance-focused disclosure rather than an earnings or operational event; it provides transparency about insider liquidity.
TL;DR: Form 144 correctly details the proposed sale and acquisition method, meeting Rule 144 disclosure requirements.
The notice specifies the nature of acquisition (exercise of stock option), payment method (cash), broker (UBS Financial Services), sale date (09/09/2025), and aggregate market value ($495,840.00). The filer's representation that there is no undisclosed material adverse information is included in the form. The document appears to be a standard, complete Rule 144 filing based on the provided fields.