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CTNM (NASDAQ: CTNM) affiliate reports multiple 10b5-1 sales by Daniel Lorrain

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

CTNM affiliate reported planned sales of Common Stock via Form 144. The filing lists multiple 10b5-1 programmed sales by Daniel Lorrain on several dates in 2026, including trades of 4,170, 3,824, 4,300, and other share amounts with indicated proceeds per trade. The filing names Morgan Stanley Smith Barney LLC as the broker and shows the securities type as Restricted Stock Units dated 05/09/2017.

Positive

  • None.

Negative

  • None.

Insights

Multiple automated (10b5-1) sales by an affiliate are disclosed; they represent routine liquidity events.

The filing lists several dated sales executed under a 10b5-1 plan, including transactions of 4,170 and 3,824 shares. These are recorded as separate programmed trades with per-trade proceeds shown.

Timing is execution-based; subsequent filings would show completion or additional planned sales. The cash‑flow recipient is the selling affiliate; specific use of proceeds is not stated in the excerpt.

Trade quantity example 4,170 shares sale dated 04/06/2026 under 10b5-1
Trade quantity example 3,824 shares sale dated 02/25/2026 under 10b5-1
Trade quantity example 4,300 shares sale dated 02/24/2026 under 10b5-1
Smaller trades 400 shares; 100 shares sales dated 02/11/2026 and 02/19/2026 under 10b5-1
RSU award date 05/09/2017 Restricted Stock Units grant date shown in securities section
Per-trade proceeds example $62,305.22 proceeds shown for sale of 4,170 shares on 02/03/2026
10b5-1 regulatory
"10b5-1 Sales for DANIEL LORRAIN 3565 General Atomics Court"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Units financial
"Securities To Be Sold | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does CTNM's Form 144 disclose about insider sales?

The filing discloses planned sales of Common Stock by an affiliate under a 10b5-1 plan. It lists multiple dated trades in 2026 and share quantities such as 4,170 and 3,824.

Who executed the sales listed in the CTNM Form 144?

The sales are attributed to Daniel Lorrain and list Morgan Stanley Smith Barney LLC as the broker. Transactions are described as 10b5-1 programmed sales on specific dates in 2026.

What securities type is referenced in the Form 144 for CTNM?

The filing references Common stock linked to Restricted Stock Units with an award date of 05/09/2017. The RSU award date is shown in the securities section.

How many shares were sold in individual trades shown?

Individual trade quantities shown include 4,170, 3,824, 4,300, 400, and 100 shares across various 2026 dates, with proceeds listed per trade.

Do the Form 144 entries indicate whether these sales were pre‑arranged?

Yes. The entries are labeled as 10b5-1 Sales, indicating the trades were executed under pre‑arranged trading plans rather than ad‑hoc open‑market decisions.