Saurabh Saha plans 2.3M CNTA share sale under Rule 144
Rhea-AI Filing Summary
A holder has filed a Rule 144 notice to sell 2,300,000 shares of Class A common stock through UBS Financial Services, with an aggregate market value of $52,601,000, targeting an approximate sale date of 01/21/2026 on NASDAQ. The form also lists 1,344,478 shares as the number of shares or other units outstanding.
The shares to be sold were acquired on 01/21/2026 via a stock option exercise from the issuer, paid in cash. Over the prior three months, the same seller, Saurabh Saha, reported multiple open-market sales of common stock, including 124,335 shares on 01/02/2026 for $2,976,499 and 1,100,000 shares on 01/15/2026 for $24,666,295, along with several other sizable transactions in early January.
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FAQ
Which broker and exchange are involved in the planned CNTA Rule 144 sale?
The proposed sale of 2,300,000 Class A common shares is to be executed through UBS Financial Services Inc., with the filing identifying NASDAQ as the securities exchange.
What representation does the seller make in this CNTA Rule 144 notice?
The person for whose account the securities are to be sold represents by signing that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.