Cerence (CRNC) EVP gets 242K stock units at $10.35
Cerence Inc. (CRNC) executive vice president and chief administrative officer reported acquiring 242,044 shares of common stock on 11/21/2025 at $10.35 per share.
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Rhea-AI Filing Summary
Cerence Inc. (CRNC) executive vice president and chief administrative officer reported acquiring 242,044 shares of common stock on 11/21/2025 at $10.35 per share. These shares reflect achieved performance stock units (PSUs) under the company’s fiscal 2025 plan that are scheduled to vest in November 2027.
Following this transaction, the officer beneficially owns 588,333 shares of Cerence common stock in direct ownership. The filing is made on Form 4 by a single reporting person and documents an equity-based compensation event rather than an open-market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 242,044 | $10.35 | $2.51M |
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 insider transaction did Cerence (CRNC) report on this Form 4?
Was this Cerence (CRNC) Form 4 filed by one or multiple reporting persons?
What is the reporting person’s role at Cerence (CRNC)?
When will the reported Cerence (CRNC) PSUs vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.