Contineum CMO exercises options, sells 3,611 shares
Contineum Therapeutics CMO and Head of Development Tim Watkins reported option-related share movements.
Rhea-AI Filing Summary
Contineum Therapeutics CMO and Head of Development Tim Watkins reported option-related share movements. On March 2, 2026, he exercised stock options covering 3,611 shares of Class A common stock at $4.50 per share, increasing his option-related holdings to 249,167 shares. He then sold 3,611 shares of Class A common stock in the open market at a weighted average price of $15.0153 per share, with trades executed between $14.60 and $15.41, leaving no shares from this lot outstanding. These transactions were carried out under a Rule 10b5-1 trading plan adopted on September 23, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 3,611 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,611 | $4.50 | $16K |
| Sale | Class A Common Stock | 3,611 | $15.0153 | $54K |
Footnotes (3)
- 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 $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.
- F3. One-half of the option shares vested on October 28, 2025, and the remainder vests in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous service.
FAQ
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What insider transactions did CTNM executive Tim Watkins report?
What stock options did CTNM’s CMO exercise in this Form 4 filing?
Was the CTNM insider sale by Tim Watkins under a 10b5-1 plan?
What is the vesting schedule of the CTNM options exercised by Tim Watkins?
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