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CRNC Form 144 Notice — 4,000 Restricted Shares to Be Sold via Morgan Stanley

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

Rhea-AI Filing Summary

Cerence Inc. (CRNC) filed a Form 144 notice reporting a proposed sale of 4,000 shares of common stock, with an aggregate market value of $50,943.20. The shares are part of an issuance recorded as restricted stock acquired from the issuer on 10/01/2024 and were paid in full on that date. The filing names Morgan Stanley Smith Barney LLC as the broker and lists an approximate sale date of 08/14/2025 on the NASDAQ. Total shares outstanding are reported as 43,319,651. The filer affirms they do not possess undisclosed material adverse information about the issuer.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Small insider sale notice — 4,000 shares (~$50.9k) proposed for sale; immaterial relative to outstanding stock.

The Form 144 documents a proposed disposition of 4,000 restricted shares acquired from the issuer on 10/01/2024. With 43,319,651 shares outstanding, this block represents roughly 0.009% of the outstanding stock, indicating limited market impact. The use of a major broker and a future approximate sale date are routine. The filing includes the standard representation that no undisclosed material adverse information is known to the seller.

TL;DR: Filing appears procedurally complete for Rule 144 notice; broker and acquisition details are provided.

The notice includes required details: class, number of shares, aggregate market value, acquisition date and nature (restricted stock), broker identity, and an approximate sale date. The signer provides the customary certification about material information. No reportable sales in the prior three months are listed. From a compliance perspective, the document contains the essential disclosures for a Rule 144 notification.

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 the Form 144 for Cerence (CRNC) report?

The Form 144 reports a proposed sale of 4,000 common shares with an aggregate market value of $50,943.20.

When were the shares acquired and what was the nature of acquisition?

The 4,000 shares were acquired on 10/01/2024 as restricted stock from the issuer, with payment noted on 10/01/2024.

Which broker is named in the CRNC Form 144 filing?

Morgan Stanley Smith Barney LLC is listed as the broker, with an address at 1 New York Plaza, 8th Floor, New York, NY 10004.

What is the approximate date of the proposed sale?

The filing lists an approximate sale date of 08/14/2025 on the NASDAQ.

How large is the proposed sale relative to outstanding shares?

The filing reports 43,319,651 shares outstanding; 4,000 shares represent approximately 0.009% of that total.
Cerence Inc

NASDAQ:CRNC

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