CRNT (CRNT) files Form 144 to sell 13,850 option shares and 20,775 RSUs
Rhea-AI Filing Summary
CRNT reporting person submitted a Form 144 notice reporting proposed sales of ordinary shares under Rule 144. The notice lists 13,850 shares tied to an Employee Stock Option Plan (cash upon exercise) with a 05/21/2026 date and 20,775 Restricted Stock Units dated 04/16/2023.
The filing names Oppenheimer & Co. Inc. as broker and references Nasdaq. The Form 144 indicates planned dispositions; timing and aggregate dollar amounts for any open-market sales are not provided in the excerpt.
Positive
- None.
Negative
- None.
Insights
Form 144 notifies broker of planned Rule 144 dispositions of employee awards.
The filing lists 13,850 shares from an Employee Stock Option Plan (cash upon exercise) and 20,775 Restricted Stock Units dated 04/16/2023. The broker named is Oppenheimer & Co. Inc..
Cash-flow treatment and exact sale proceeds are not stated in the excerpt; subsequent filings or trade reports would show executed amounts and dates.