Contineum Therapeutics (CTNM) CSO sells shares via 10b5-1 stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Contineum Therapeutics Chief Scientific Officer Lorrain Daniel S. reported planned stock sales under a prearranged Rule 10b5-1 trading plan. On February 3, 2026, the insider sold 3,000 shares of Class A common stock at a weighted average price of $14.8229 and 1,170 shares at a weighted average price of $15.2451. The prices in each trade reflect multiple executions within disclosed ranges. After these transactions, the officer directly held 156,052 shares of Class A common stock and had an additional 6,842 shares reported as indirectly owned by a spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,170 shares ($62,305)
Net Sell
3 txns
Insider
Lorrain Daniel S.
Role
Chief Scientific Officer
Sold
4,170 shs ($62K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,000 | $14.8229 | $44K |
| Sale | Class A Common Stock | 1,170 | $15.2451 | $18K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 157,222 shares (Direct);
Class A Common Stock — 6,842 shares (Indirect, By Spouse)
Footnotes (1)
- These transactions were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on September 23, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.12 to $15.08, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.12 to $15.45, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
FAQ
What insider transaction did CTNM’s Chief Scientific Officer report?
The Chief Scientific Officer of Contineum Therapeutics (CTNM) reported selling Class A common stock on February 3, 2026. Two separate sales totaled 4,170 shares, executed under a prearranged Rule 10b5-1 trading plan adopted on September 23, 2025.
Were the CTNM insider stock sales made under a 10b5-1 trading plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by the reporting person on September 23, 2025. Such plans allow prearranged trading according to preset instructions, independent of later day-to-day market decisions.
What price ranges applied to the CTNM insider stock sales?
For the 3,000-share sale, individual trades occurred between $14.12 and $15.08. For the 1,170-share sale, trades occurred between $15.12 and $15.45. Each transaction’s reported price is a weighted average across those multiple executions.
Does the CTNM insider Form 4 mention indirect ownership through a spouse?
Yes. The filing lists 6,842 shares of Class A common stock as indirectly owned, labeled “By Spouse.” This indicates separate beneficial ownership reported for compliance, in addition to the insider’s directly held 156,052 shares after the reported sales.