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Insider Daniel Lorrain plans 16,050-share sale at CTNM (NASDAQ: CTNM)

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

Rhea-AI Filing Summary

CTNM insider Daniel Lorrain filed a notice to sell 16,050 shares of common stock. The shares are expected to be sold on 02/11/2026 through Morgan Stanley Smith Barney LLC on the NASDAQ, with an aggregate market value of $252,787.50 and 23,099,173 shares outstanding.

The 16,050 shares were acquired the same day via an exercise of stock options paid in cash. The filing also lists prior Rule 10b5‑1 sales of CTNM common stock by Lorrain over the past three months, each involving 4,170 shares with disclosed gross proceeds.

Positive

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Negative

  • None.

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 the CTNM Form 144 filing by Daniel Lorrain disclose?

The Form 144 shows Daniel Lorrain intends to sell 16,050 CTNM common shares. These shares were acquired by cash exercise of stock options and are scheduled for sale on February 11, 2026, via Morgan Stanley Smith Barney LLC on the NASDAQ market.

How many CTNM shares is Daniel Lorrain planning to sell under this Form 144?

Daniel Lorrain plans to sell 16,050 CTNM common shares. The filing lists an aggregate market value of $252,787.50 for this block, to be sold on NASDAQ through Morgan Stanley Smith Barney LLC, with the transaction tied to a same‑day stock option exercise.

How were the CTNM shares in Daniel Lorrain’s Form 144 acquired?

The 16,050 CTNM shares were acquired through an exercise of stock options. The acquisition date and the payment date are both listed as February 11, 2026, and the filing specifies that the option exercise was paid in cash to obtain the shares.

What prior CTNM stock sales by Daniel Lorrain are disclosed in the Form 144?

The filing lists recent Rule 10b5‑1 sales of CTNM common stock for Daniel Lorrain. One example is a sale of 4,170 shares on December 23, 2025, generating gross proceeds of $51,009.11, with similar 4,170‑share sales recorded on later dates.

What is the total CTNM share count referenced in Daniel Lorrain’s Form 144?

The Form 144 notes that 23,099,173 CTNM common shares are outstanding. This figure provides context for the planned 16,050‑share sale, indicating the broader share base into which the insider’s proposed transaction would occur on the NASDAQ exchange.

Which broker will handle Daniel Lorrain’s planned CTNM share sale?

The proposed CTNM share sale will be handled by Morgan Stanley Smith Barney LLC. The Form 144 lists its Executive Financial Services office at 1 New York Plaza, 8th Floor, New York, NY 10004, as the broker responsible for executing the NASDAQ transaction.
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