Cerence (CRNC) grants 131,694 RSUs to EVP Chief Revenue Officer
Rhea-AI Filing Summary
Cerence Inc. reported that EVP and Chief Revenue Officer Christian Mentz received an award of 131,694 shares of common stock on January 9, 2026 at a price of $12.35 per share. The award is in the form of restricted stock units that vest in three equal parts on October 1, 2026, 2027, and 2028 under a Restricted Stock Unit Agreement. Following this grant, Mentz beneficially owns 293,474 shares of Cerence common stock in direct ownership.
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FAQ
What insider transaction did Cerence (CRNC) report for Christian Mentz?
Cerence reported that EVP and Chief Revenue Officer Christian Mentz received an award of 131,694 shares of common stock on January 9, 2026.
At what price were the 131,694 Cerence (CRNC) shares granted to the EVP Chief Revenue Officer?
The 131,694 shares granted to Christian Mentz were valued at $12.35 per share in the reported transaction.
How do the new restricted stock units for Cerence EVP Christian Mentz vest?
The restricted stock units 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.
How many Cerence (CRNC) shares does Christian Mentz own after this Form 4 transaction?
After the reported grant, Christian Mentz beneficially owns 293,474 shares of Cerence common stock in direct ownership.
Is the Cerence (CRNC) EVP Christian Mentz transaction a direct or indirect holding?
The filing shows the 293,474 shares following the transaction as held in direct (D) ownership by Christian Mentz.
What type of equity award did Cerence (CRNC) grant to Christian Mentz?
The award is a grant of restricted stock units under a Restricted Stock Unit Agreement, settling in shares of Cerence common stock.