Director Marion Harris granted 12,968 Cerence (CRNC) shares in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Harris Marion reported acquisition or exercise transactions in this Form 4 filing.
Cerence Inc. director Marion Harris reported an equity award of 12,968 shares of common stock at $0.01 per share on February 12, 2026. This grant increased Harris’s directly held stake to 27,178 shares.
The award is structured as restricted stock units that 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harris Marion
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,968 | $0.01 | $129.68 |
Holdings After Transaction:
Common Stock — 27,178 shares (Direct)
Footnotes (1)
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FAQ
What did Cerence (CRNC) director Marion Harris report in this Form 4?
Marion Harris reported receiving an equity award of 12,968 shares of Cerence common stock at $0.01 per share. This grant brought Harris’s directly held position to 27,178 shares after the transaction on February 12, 2026, according to the filing details.
Was the Cerence (CRNC) Marion Harris transaction a stock purchase or a grant?
The transaction was reported as a grant or award, not an open-market stock purchase. It is coded as an acquisition under a grant, with 12,968 shares awarded at $0.01 per share, reflecting typical director compensation rather than discretionary buying.
How do Marion Harris’s Cerence (CRNC) RSUs vest under this award?
The RSUs vest on the earlier of two dates: the first anniversary of the grant date or the day immediately prior to Cerence’s next fiscal year annual general meeting. This time-based vesting aligns the director’s compensation with ongoing board service.