Contineum Therapeutics (CTNM) CEO sells 7,100 shares, exercises options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Contineum Therapeutics CEO Carmine N. Stengone reported option exercises and share sales in Contineum Therapeutics, Inc. He exercised stock options for 7,100 shares of Class A common stock at an exercise price of $1.26 per share on February 24 and 25, 2026. On the same dates, he sold a total of 7,100 Class A common shares in open-market transactions at weighted average prices of $16.0195 and $16.0155 per share, with actual prices ranging from $16.00 to $16.15. These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on September 23, 2025. After these transactions, he held 14,954 shares of Class A common stock and 120,917 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,100 shares ($113,728)
Net Sell
6 txns
Insider
Stengone Carmine N.
Role
CEO and President
Sold
7,100 shs ($114K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 2,700 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,700 | $1.26 | $3K |
| Sale | Class A Common Stock | 2,700 | $16.0155 | $43K |
| Exercise | Stock Option (right to buy) | 4,400 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,400 | $1.26 | $6K |
| Sale | Class A Common Stock | 4,400 | $16.0195 | $70K |
Holdings After Transaction:
Stock Option (right to buy) — 120,917 shares (Direct);
Class A Common Stock — 17,654 shares (Direct)
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 $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. 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. The stock options are fully vested and exercisable.
FAQ
What did Contineum Therapeutics (CTNM) CEO Carmine Stengone report on this Form 4?
Carmine N. Stengone reported exercising stock options and selling Contineum Therapeutics Class A common shares. The filing shows option exercises for 7,100 shares and open-market sales of 7,100 shares over two days in February 2026.
What stock option activity did the CTNM CEO report in this Form 4?
He reported exercising stock options for 7,100 shares of Class A common stock. The options were exercised at an exercise price of $1.26 per share and are described as fully vested and exercisable according to a footnote in the filing.
Were the CTNM CEO’s trades made under a Rule 10b5-1 trading plan?
Yes. A footnote states these transactions were effected pursuant to a Rule 10b5-1 trading plan. The plan was adopted by the reporting person on September 23, 2025, and governed the reported February 2026 trades.
What types of transactions are reflected in this Contineum Therapeutics (CTNM) Form 4?
The Form 4 shows derivative exercises and open-market sales. It records multiple “M” code transactions for exercising stock options into Class A common shares, and “S” code transactions reflecting open-market or private sales of those Class A common shares.