Cerence EVP awarded 131,694 restricted stock units
Cerence Inc. executive Jennifer Salinas, EVP Chief Admin Officer, received a sizable equity award.
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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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 131,694 | $12.35 | $1.63M |
Footnotes (1)
- F1. Grant of Restricted Stock Units subject to the Restricted Stock Unit Agreement. Shares vest one-third on each of October 1, 2026, 2027, and 2028.
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.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.