Cerence (CRNC) CEO receives 263,338-share RSU grant vesting through 2028
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cerence Inc. chief executive officer Brian M. Krzanich reported an equity award of 263,338 shares of common stock on January 9, 2026. The filing shows these shares at a reference price of $12.35 per share and indicates he beneficially owned 1,722,091 shares of Cerence common stock after this grant, held directly.
According to a footnote, the award is structured as restricted stock units under a Restricted Stock Unit Agreement. The units are scheduled to vest in three equal installments, with one-third of the shares vesting on each of October 1, 2026, October 1, 2027 and October 1, 2028, tying the compensation to continued service over that period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Krzanich Brian M
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 263,338 | $12.35 | $3.25M |
Holdings After Transaction:
Common Stock — 1,722,091 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Cerence (CRNC) report for its CEO?
Cerence Inc. reported that chief executive officer Brian M. Krzanich received an award of 263,338 shares of common stock on January 9, 2026.
What type of equity award did the Cerence CEO receive in this Form 4?
The award is described as a grant of Restricted Stock Units under a Restricted Stock Unit Agreement, tied to Cerence common stock.
How do the Cerence CEO’s restricted stock units vest?
The restricted stock units vest one-third on each of October 1, 2026, October 1, 2027, and October 1, 2028, spreading vesting over three years.
What was the reference price for the Cerence CEO’s stock grant?
The filing lists the 263,338 shares of Cerence common stock at a price of $12.35 per share for the transaction.
Is the Cerence CEO’s ownership reported as direct or indirect?
The Form 4 indicates the CEO’s ownership of 1,722,091 shares is held on a direct basis.