Contineum Therapeutics (CTNM) CSO sells shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Contineum Therapeutics, Inc. Chief Scientific Officer Daniel S. Lorrain reported an open-market sale of Class A common stock. He sold 4,170 shares on March 2, 2026 at a weighted average price of $15.0084 per share, in multiple trades between $14.60 and $15.41.
The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on September 23, 2025. After this transaction, Lorrain directly holds 151,882 shares of Class A common stock, and an additional 6,842 shares are held indirectly by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,170 shares ($62,585)
Net Sell
2 txns
Insider
Lorrain Daniel S.
Role
Chief Scientific Officer
Sold
4,170 shs ($63K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,170 | $15.0084 | $63K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 151,882 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 $14.60 to $15.41, 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 Contineum Therapeutics (CTNM) report for its CSO?
Contineum Therapeutics reported that Chief Scientific Officer Daniel S. Lorrain sold 4,170 shares of Class A common stock. The shares were sold in open-market transactions at a weighted average price of $15.0084 per share on March 2, 2026.
Was the CTNM insider sale by Daniel S. Lorrain under a 10b5-1 plan?
Yes. The filing states the transactions were executed under a Rule 10b5-1 trading plan. This pre-arranged plan was adopted by Daniel S. Lorrain on September 23, 2025, allowing scheduled sales independent of day-to-day trading decisions.
What type of security did the Contineum Therapeutics insider sell?
The insider sale involved Contineum Therapeutics Class A common stock. All disclosed transactions in the filing relate to this same class of equity security, sold in open-market transactions at a range of prices on March 2, 2026.