Contineum CSO trades 8,124 CTNM shares in plan
Contineum Therapeutics’ Chief Scientific Officer Daniel S. Lorrain exercised stock options and sold shares in pre-planned trades.
Rhea-AI Filing Summary
Contineum Therapeutics’ Chief Scientific Officer Daniel S. Lorrain exercised stock options and sold shares in pre-planned trades. He exercised options covering 8,124 shares of Class A common stock at an exercise price of $1.01 per share, then sold 8,124 shares in open-market transactions at weighted average prices around $16 per share under a Rule 10b5-1 trading plan adopted on September 23, 2025. After these transactions, he directly owned 156,052 shares of Class A common stock, with an additional 6,842 shares held indirectly by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 3,824 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,824 | $1.01 | $4K |
| Sale | Class A Common Stock | 3,824 | $16.0115 | $61K |
| Exercise | Stock Option (right to buy) | 4,300 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,300 | $1.01 | $4K |
| Sale | Class A Common Stock | 4,300 | $16.0316 | $69K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (4)
- F1. These transactions were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on September 23, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.15, 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.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.05, 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.
- F4. The stock options are fully vested and exercisable.
FAQ
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What did Contineum Therapeutics (CTNM) insider Daniel S. Lorrain report on this Form 4?
Were Daniel S. Lorrain’s CTNM stock sales under a 10b5-1 trading plan?
What stock options did Daniel S. Lorrain exercise in Contineum Therapeutics (CTNM)?
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