Cantaloupe Insider Sale: 14,544 Shares Disposed by CTO
Rhea-AI Filing Summary
Cantaloupe, Inc. reported an insider sale by Chief Technology Officer Gaurav Singal. On 09/22/2025 he disposed of 14,544 shares of common stock at $10.61 per share. After the transaction he beneficially owned 25,989 shares. The Form 4 was signed by an attorney-in-fact on 09/24/2025.
Positive
- None.
Negative
- Insider sale: Reporting person disposed of 14,544 shares at $10.61 per share on 09/22/2025
Insights
TL;DR: Insider sale of 14,544 shares reduces CTO stake but is a single disclosed transaction without other disclosed changes.
The sale of 14,544 shares at $10.61 appears as a routine disclosure of insider disposal. The remaining beneficial ownership of 25,989 shares provides a clear post-transaction stake. There are no derivative transactions or additional context in the filing to indicate broader compensation actions or clustered sales. This item alone is informational; its materiality depends on the reporting person's overall ownership and other undisclosed activity.
TL;DR: A single Form 4 sale was filed and executed through an attorney-in-fact; no governance red flags are evident in the filing.
The Form 4 shows a direct sale (transaction code S) executed on 09/22/2025 and signed by an attorney-in-fact on 09/24/2025. The filing lists the reporting person as CTO and does not show stock-option exercises or derivative holdings. From a governance perspective this is a standard Section 16 disclosure; the document contains no indications of policy breaches or suspicious timing based on the information provided.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,544 | $10.61 | $154K |