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CRNC Form 144: 77,994 restricted shares proposed for sale on NASDAQ

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Cerence Inc. (CRNC) reported a Form 144 notice showing a proposed sale of 77,994 common shares valued at $960,269.93, with an approximate sale date of 10/07/2025 on NASDAQ. The filing shows those shares were acquired as restricted stock from the issuer on 10/01/2025 and paid for on that date. The filing also discloses a recent sale by Jennifer Salinas of 64,784 common shares on 10/06/2025 for gross proceeds of $826,468.92. The notice includes the required attestation that the seller does not possess undisclosed material adverse information and follows Rule 144 procedures for proposed insider sales.

Positive

  • Form 144 filed, indicating procedural compliance with Rule 144 for insider sales
  • Acquired shares documented as restricted stock on 10/01/2025, showing clear acquisition record

Negative

  • Insider selling activity (planned sale of 77,994 shares) could be viewed negatively by some investors
  • Recent sale of 64,784 shares on 10/06/2025 produced $826,468.92, indicating near-term insider liquidity

Insights

TL;DR: An insider Form 144 shows planned sale of 77,994 restricted shares for about $960K, filed under Rule 144.

The filing documents a proposed sale of 77,994 common shares with an aggregate market value of $960,269.93 and notes the shares were received as restricted stock from the issuer on 10/01/2025. It also records a near-term sale of 64,784 shares on 10/06/2025 generating $826,468.92 in gross proceeds.

These disclosures allow investors to see insider liquidity activity and confirm compliance with Rule 144 procedures. Watch trading dates around 10/06/202510/07/2025 for market impact and any further filings that report completed sales or plan details.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does Cerence (CRNC) Form 144 disclose?

The Form 144 shows a proposed sale of 77,994 common shares valued at $960,269.93 with an approximate sale date of 10/07/2025 on NASDAQ.

When were the shares to be sold by CRNC acquired?

The shares were acquired as restricted stock from the issuer on 10/01/2025 and payment is recorded on that date.

Did the filing report any recent sales by the same person?

Yes. The filing lists a sale by Jennifer Salinas of 64,784 common shares on 10/06/2025 for gross proceeds of $826,468.92.

Which exchange will the proposed CRNC sale take place on?

The Form 144 lists NASDAQ as the securities exchange for the proposed sale scheduled on 10/07/2025.

Does the filer attest to possession of material nonpublic information?

Yes. The person signing the notice attests they do not know any material adverse information about the issuer that has not been publicly disclosed.
Cerence Inc

NASDAQ:CRNC

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507.81M
40.98M
7.47%
71.94%
18.31%
Software - Application
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United States
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