Cerence (CRNC) EVP granted 49,905 shares in Form 4 filing
Cerence Inc. (CRNC) reported an equity transaction by its EVP, Product & Technology.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Cerence Inc. (CRNC) reported an equity transaction by its EVP, Product & Technology. On 11/21/2025, the executive acquired 49,905 shares of Cerence common stock at $10.35 per share. After this transaction, the executive beneficially owns 254,886 shares directly.
The company notes this grant represents performance stock units (PSUs) achieved under the FY25 plan that are scheduled to vest in November 2027, tying the award to longer-term performance and retention.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 49,905 | $10.35 | $517K |
Footnotes (1)
- F1. This represents achieved PSUs under the FY25 plan that will vest in November 2027.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Cerence (CRNC) disclose in this Form 4 filing?
Who is the insider involved in this Cerence (CRNC) Form 4?
Does this Cerence (CRNC) Form 4 involve derivative securities?
What is the significance of the November 2027 date for Cerence (CRNC) PSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.