ConnectM Technology (CNTM) executive discloses 774,769-share stake after grants, buy
Rhea-AI Filing Summary
ConnectM Technology Solutions, Inc. executive Mahesh Choudhury, Vice President of US Operations, Secretary, and Principal Financial Officer, reported several equity transactions in company stock. On June 23, 2025, he received 400,000 shares of common stock as compensation, and on October 20, 2025, he received an additional 50,000 shares as compensation, both at a stated price of $0 per share. On November 28, 2025, he bought 65,001 shares of common stock on the open market at $0.22 per share through his brokerage account. After these transactions, he beneficially owned 774,769 shares of ConnectM common stock directly. The filing explains that these transactions were not reported within the required period and are being disclosed now.
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FAQ
What insider transactions did CNTM executive Mahesh Choudhury report?
Mahesh Choudhury reported three transactions: he received 400,000 shares of ConnectM common stock on June 23, 2025 and 50,000 shares on October 20, 2025 as compensation, and he purchased 65,001 shares on November 28, 2025 on the open market at $0.22 per share.
How many CNTM shares does Mahesh Choudhury beneficially own after these transactions?
Following the reported transactions, Mahesh Choudhury beneficially owns 774,769 shares of ConnectM Technology Solutions, Inc. common stock, held directly.
What roles does the reporting person hold at ConnectM Technology Solutions (CNTM)?
The reporting person, Mahesh Choudhury, serves as Vice President of US Operations, Secretary, and Principal Financial Officer of ConnectM Technology Solutions, Inc.
Were the CNTM share grants to Mahesh Choudhury related to his employment?
Yes. The filing states that the 400,000 shares and 50,000 shares of common stock were issued to Mahesh Choudhury as compensation for services provided in his roles at ConnectM.
At what price did Mahesh Choudhury buy CNTM shares on the open market?
Mahesh Choudhury purchased 65,001 shares of ConnectM common stock on the open market on November 28, 2025 at a price of $0.22 per share.
Why does the CNTM Form 4 mention late reporting of transactions?
The explanation notes that the reporting person inadvertently failed to timely file within the required reporting period for each of the three transactions, which are now being disclosed.
Is Mahesh Choudhury’s ownership in CNTM reported as direct or indirect?
The table shows that Mahesh Choudhury’s 774,769 shares of ConnectM common stock are reported as direct beneficial ownership.