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Daniel Lorrain sells via 10b5-1; CTNM (NASDAQ: CTNM) Form 144 notice

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

Rhea-AI Filing Summary

Daniel Lorrain submitted a Form 144 notice to sell 914 Restricted Stock Units of Common stock through Morgan Stanley Smith Barney LLC Executive Financial Services. The filing lists multiple recent 10b5-1 sales by the same person, including 03/02/2026 (4,170 shares for $62,585.03) and 02/24/2026 (4,300 shares for $68,936.04).

The securities to be sold are described as Restricted Stock Units dated 05/09/2017. The broker/agent is shown as Morgan Stanley Smith Barney LLC on Nasdaq-listed securities, and the filing records transaction history in the prior three months under a 10b5-1 plan.

Positive

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Negative

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Insights

Notice of proposed sale under Rule 144 with documented 10b5-1 executions.

The filing documents a Rule 144 notice for 914 Restricted Stock Units and enumerates multiple 10b5-1 sales in the prior three months, with discrete dates and proceeds recorded. This is a procedural disclosure required before resale under Rule 144.

Key dependencies include the 10b5-1 plan terms and broker handling; subsequent Form 4 or broker confirmations would show settlement details. No enforcement, wrongdoing, or extraordinary corporate action is disclosed in the excerpt.

Securities to be sold 914 shares Restricted Stock Units dated 05/09/2017
10b5-1 sale (03/02/2026) 4,170 shares Proceeds <money>$62,585.03</money>
10b5-1 sale (02/24/2026) 4,300 shares Proceeds <money>$68,936.04</money>
10b5-1 sale (02/25/2026) 3,824 shares Proceeds <money>$61,227.91</money>
10b5-1 sale (02/03/2026) 4,170 shares Proceeds <money>$62,305.22</money>
10b5-1 sale (02/19/2026) 100 shares Proceeds <money>$1,600.00</money>
10b5-1 sale (02/11/2026) 400 shares Proceeds <money>$6,400.00</money>
Restricted Stock Units financial
"Restricted Stock Units | Issuer | 914 | 05/09/2017"
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.
10b5-1 regulatory
"10b5-1 Sales for DANIEL LORRAIN ... listed with dates and proceeds"
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.

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