Contineum (CTNM) CEO exercises options and sells 400 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Contineum Therapeutics CEO Carmine N. Stengone reported an option exercise and related share sale. On February 11, 2026, he exercised 400 stock options at an exercise price of $1.26 per share, receiving 400 shares of Class A common stock.
That same day, he sold 400 Class A common shares at $16.00 per share in an open-market transaction. After these trades, he directly owned 14,954 Class A shares and 128,017 stock options. The filing states these transactions were made under a Rule 10b5-1 trading plan adopted on September 23, 2025, and that the stock options are fully vested and exercisable.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 400 shares ($6,400)
Net Sell
3 txns
Insider
Stengone Carmine N.
Role
CEO and President
Sold
400 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 400 | $0.00 | -- |
| Exercise | Class A Common Stock | 400 | $1.26 | $504.00 |
| Sale | Class A Common Stock | 400 | $16.00 | $6K |
Holdings After Transaction:
Stock Option (right to buy) — 128,017 shares (Direct);
Class A Common Stock — 15,354 shares (Direct)
Footnotes (1)
- These transactions were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on September 23, 2025. Includes 1,246 shares purchased through Issuer's Employee Stock Purchase Plan on November 15, 2024 and 2,096 shares purchased through Issuer's Employee Stock Purchase Plan on May 15, 2025. The stock options are fully vested and exercisable.
FAQ
What insider transactions did CTNM CEO Carmine Stengone report on February 11, 2026?
He exercised 400 stock options and sold 400 shares of Class A common stock on February 11, 2026. The exercise price was $1.26 per share and the sale price was $16.00 per share, with both transactions reported as direct holdings.
Was the CTNM CEO’s February 2026 stock sale under a 10b5-1 plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by CEO Carmine Stengone on September 23, 2025. Such plans pre-schedule trades to help separate them from day-to-day market decisions.
How many CTNM stock options does the CEO retain after exercising 400 options?
Following the exercise of 400 stock options, CEO Carmine Stengone holds 128,017 stock options. The filing explains these options are fully vested and exercisable, meaning he has the right to convert them into Class A common shares.
What roles does Carmine Stengone hold at Contineum Therapeutics (CTNM)?
Carmine N. Stengone is identified as both a director and an officer of Contineum Therapeutics. His officer title is CEO and President, and he filed this Form 4 as a single reporting person with direct ownership of the reported securities.