CTNM (CTNM) insider Daniel Lorrain files to sell 9,520 common shares
Rhea-AI Filing Summary
CTNM insider Daniel Lorrain has filed to sell common stock under Form 144. The planned sale involves 9,520 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on August 3, 2026 on NASDAQ.
The shares relate to equity awards including 4,170 restricted stock units granted on May 9, 2017 and an exercise of stock options for 5,350 shares dated August 3, 2026, with cash as the payment method for the option exercise. The filing also lists recent Rule 10b5-1 plan sales of CTNM common stock by Lorrain over the prior three months in multiple tranches.
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Key Figures
Planned shares to be sold: 9,520 shares
Restricted stock units: 4,170 units
Stock options exercised: 5,350 shares
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6 metrics
Planned shares to be sold
9,520 shares
Common stock sale planned for August 3, 2026 on NASDAQ
Restricted stock units
4,170 units
Restricted Stock Units granted on May 9, 2017 as source of shares
Stock options exercised
5,350 shares
Exercise of stock options dated August 3, 2026 with cash payment
June 30, 2026 10b5-1 sale
28,826 shares; $462,288.02
CTNM common stock sold under Rule 10b5-1 on June 30, 2026
July 1, 2026 10b5-1 sale
8,353 shares; $132,290.08
CTNM common stock sold under Rule 10b5-1 on July 1, 2026
June 1, 2026 10b5-1 sale
4,170 shares; $54,862.19
CTNM common stock sold under Rule 10b5-1 on June 1, 2026
Key Terms
Form 144, Rule 10b5-1, Restricted Stock Units, Exercise of Stock Options
4 terms
Form 144 regulatory
"insider Daniel Lorrain has filed to sell common stock under Form 144"
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.
Rule 10b5-1 regulatory
"The filing also lists recent Rule 10b5-1 plan sales of CTNM common stock"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Restricted Stock Units financial
"Restricted Stock Units granted on May 9, 2017 as source of shares"
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.
Exercise of Stock Options financial
"Exercise of Stock Options for 5,350 shares dated August 3, 2026"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does CTNM's Form 144 filing by Daniel Lorrain disclose?
The Form 144 filing discloses that Daniel Lorrain plans to sell 9,520 CTNM common shares through Morgan Stanley Smith Barney LLC Executive Financial Services on August 3, 2026, with sales to be executed on NASDAQ.
What recent CTNM stock sales under Rule 10b5-1 are listed for Daniel Lorrain?
The filing lists recent Rule 10b5-1 sales of CTNM common stock, including 28,826 shares on June 30, 2026, 8,353 shares on July 1, 2026, and additional smaller tranches in June and July 2026 with stated share counts and dollar amounts.