CNTA Form 144: Insider Exercise and Planned UBS Sale of 20,000 Shares

Rhea-AI Filing Summary

Form 144 notice for proposed sale of securities. The filing shows a proposed sale of 20,000 shares of common stock through UBS Financial Services on 09/09/2025 on Nasdaq with an aggregate market value of $400,102.00. The shares were acquired the same day by exercise of stock options from the issuer and paid in cash. The filer also reported three prior sales during the past three months totaling 24,000 common shares with gross proceeds of $360,165.20 from sales on 06/24/2025, 07/15/2025, and 08/15/2025. The filing includes the seller's name and broker details.

Positive

• Transparent disclosure of a proposed Rule 144 sale with broker, quantity, dates, and aggregate market value
• Prior dispositions during the past three months are itemized with dates and gross proceeds
• Acquisition method disclosed as exercise of stock options and paid in cash

Negative

• None.

Insights

Securities Compliance Analyst

TL;DR: Routine Rule 144 notice disclosing an insider exercise and planned sale; prior small-volume dispositions are reported.

The filing documents a proposed resale under Rule 144 of 20,000 common shares executed through UBS Financial Services and acquired on the same date by option exercise and paid in cash. It also discloses three prior dispositions totaling 24,000 shares across June–August 2025. From a compliance perspective, the notice provides required broker, quantity, and timing details and includes the signer’s representation about possession of material nonpublic information.

Equity Research Analyst

TL;DR: Insider-related share sales and option exercise are disclosed; amounts represent a small fraction of outstanding shares.

The filing reports a proposed market sale of 20,000 shares valued at $400,102 and prior sales aggregating 24,000 shares with gross proceeds of $360,165.20. With 134,073,436 shares outstanding indicated in the form, the disclosed transactions are small on a percentage basis. The document supplies clear trade dates, broker details, and the nature of acquisition

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

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	UBS Financial Services Inc. Eleven Madison Avenue 4th Floor New York NY 10010	20000	400102.00	134073436	09/09/2025	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	09/09/2025	Exercise of Stock Options	Issuer			20000	09/09/2025	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
Iqbal Hussain 3RD FLOOR 1 ASHLEY ROAD ALTRINCHAM, CHESHIRE X0 WA14 2DT	Common	06/24/2025	12000	168218.40
Iqbal Hussain 3RD FLOOR 1 ASHLEY ROAD ALTRINCHAM, CHESHIRE X0 WA14 2DT	Common	07/15/2025	6000	89566.80
Iqbal Hussain 3RD FLOOR 1 ASHLEY ROAD ALTRINCHAM, CHESHIRE X0 WA14 2DT	Common	08/15/2025	6000	103380.00

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 the Form 144 for CNTA disclose about the proposed sale?

It discloses a proposed sale of 20,000 common shares through UBS on 09/09/2025 with an aggregate market value of $400,102.00.

How were the 20,000 shares acquired according to the filing?

The filing states the shares were acquired on 09/09/2025 by exercise of stock options from the issuer and paid in cash.

What prior insider sales are reported in the Form 144?

Three prior sales are listed: 06/24/2025 (12,000 shares), 07/15/2025 (6,000 shares), and 08/15/2025 (6,000 shares), totaling 24,000 shares with gross proceeds of $360,165.20.

Which broker is named for the proposed sale in the filing?

The broker listed is UBS Financial Services Inc., Eleven Madison Avenue, New York, NY.

How many shares outstanding does the Form 144 show?

The filing shows 134,073,436 shares outstanding.