Cerence insider Form 4 shows 242K share PSU award
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Salinas Jennifer
Role
EVP Chief Admin Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 242,044 | $10.35 | $2.51M |
Holdings After Transaction:
Common Stock — 588,333 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Cerence (CRNC) report on this Form 4?
The Form 4 reports that a Cerence executive vice president and chief administrative officer acquired 242,044 shares of common stock on 11/21/2025 at $10.35 per share.
Was this Cerence (CRNC) Form 4 filed by one or multiple reporting persons?
The Form 4 was filed by one reporting person, as indicated by the box checked for individual filing.
What is the reporting person’s role at Cerence (CRNC)?
The reporting person is an officer of Cerence, serving as EVP Chief Admin Officer.
When will the reported Cerence (CRNC) PSUs vest?
The explanation notes that the achieved PSUs under the FY25 plan are expected to vest in November 2027.