Cerence (CRNC) EVP gets 131,694 RSUs vesting 2026-2028 in equity grant
Rhea-AI Filing Summary
Cerence Inc. executive Jennifer Salinas, EVP Chief Admin Officer, received a sizable equity award. On January 9, 2026, she was granted 131,694 shares of common stock at a price of $12.35 per share, reported as an acquisition of non-derivative securities.
The grant is described as restricted stock units under a Restricted Stock Unit Agreement, with the shares vesting in three equal installments on October 1, 2026, October 1, 2027, and October 1, 2028. Following this grant, Salinas beneficially owns 720,027 shares of Cerence common stock directly.
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FAQ
What insider transaction did Cerence (CRNC) report for Jennifer Salinas?
The company reported that EVP Chief Admin Officer Jennifer Salinas acquired 131,694 shares of Cerence common stock on January 9, 2026, as disclosed on a Form 4.
What type of equity award did the Cerence (CRNC) executive receive?
The transaction reflects a grant of Restricted Stock Units under a Restricted Stock Unit Agreement, which convert into shares of Cerence common stock as they vest.
At what price were the Cerence (CRNC) shares recorded in the Form 4?
The 131,694 shares tied to the Restricted Stock Unit grant were reported at a price of $12.35 per share in the Form 4 filing.
How do the Restricted Stock Units for Cerence (CRNC) vest for Jennifer Salinas?
The filing states that the shares from the Restricted Stock Units vest one-third on each of October 1, 2026, October 1, 2027, and October 1, 2028.
How many Cerence (CRNC) shares does Jennifer Salinas own after this transaction?
After the reported grant, Jennifer Salinas beneficially owns 720,027 shares of Cerence common stock, held directly.
What is Jennifer Salinas’s role at Cerence (CRNC) according to the Form 4?
She is identified as an officer of Cerence Inc., serving as EVP Chief Admin Officer, and is not listed as a director or 10% owner.