Cerence director granted 12,968 RSUs
Cerence Inc. director Douglas Lee Davis acquired 12,968 shares of common stock as a restricted stock unit award on February 12, 2026 at a price of $0.01 per share.
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Rhea-AI Filing Summary
Cerence Inc. director Douglas Lee Davis acquired 12,968 shares of common stock as a restricted stock unit award on February 12, 2026 at a price of $0.01 per share. Following this grant, he directly beneficially owns 39,544 common shares.
The RSUs will vest on the earlier of the first anniversary of the grant date or the day immediately before Cerence’s next fiscal year Annual General Meeting, aligning the director’s compensation with future company performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,968 | $0.01 | $129.68 |
Footnotes (1)
- F1. The RSUs shall vest on the earlier of: (i) the first anniversary of the Date of Grant; or (ii) the day immediately prior to the Company's next fiscal year's Annual General Meeting.
FAQ
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What insider transaction did Cerence (CRNC) report for Douglas Lee Davis?
When did the Douglas Lee Davis Form 4 transaction at Cerence (CRNC) occur?
What is the vesting schedule for Douglas Lee Davis’s new Cerence (CRNC) RSUs?
Was the Cerence (CRNC) Douglas Lee Davis transaction a purchase or an award?
AI-generated analysis. How Rhea-AI works. Not financial advice.