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Cadrenal (CVKD) insider files Form 144/A for 6,790 founder shares

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144/A

Rhea-AI Filing Summary

Cadrenal Therapeutics, Inc. (CVKD) filing is a Form 144/A notice reporting a proposed sale of 6,790 common shares through Merrill Lynch (Ponte Vedra Beach, FL) with an approximate aggregate market value of $95,661.94, and an approximate sale date of 09/25/2025 on NASDAQ. The shares were acquired as Founders Shares on 01/25/2022. The filing also discloses three insider sales in the past three months by Quang X. Pham totaling 7,610 shares for gross proceeds of $106,104.20 across sales on 08/27/2025, 08/28/2025, and 09/24/2025. The notice includes the required certification that the seller is not aware of undisclosed material adverse information.

Positive

  • Clear disclosure of the planned sale amount (6,790 shares), broker, estimated aggregate market value ($95,661.94), and planned sale date (09/25/2025).
  • History of recent sales provided (7,610 shares sold in prior three months) with gross proceeds detailed, supporting market transparency.
  • Origin of shares documented as Founders Shares acquired 01/25/2022, which clarifies the acquisition basis for Rule 144 purposes.

Negative

  • Insider selling activity: planned sale plus recent sales total 13, ?400? shares (6,790 planned + 7,610 prior), representing insider liquidity rather than an acquisition signal.
  • Administrative fields missing in provided excerpt: the supplied content does not show a completed date of notice or visible signature block information to fully confirm form execution in this snippet.

Insights

TL;DR: Insider disclosed planned sale of 6,790 founder shares; recent insider sales total 7,610 shares, disclosure complies with Rule 144/A requirements.

The Form 144/A shows a founder-origin position being sold through a broker with explicit quantities, values, and dates, which is standard for Rule 144 reporting. The disclosed past three months of sales by the same person (7,610 shares) and the planned 6,790-share sale are small relative to the reported outstanding shares (2,046,854), representing under 1% of outstanding stock. From a compliance and market-transparency standpoint, the filing is complete for the items provided. No earnings, financing, or other corporate developments are disclosed here to change valuation drivers.

TL;DR: The filing documents insider liquidity events but does not indicate undisclosed material corporate developments.

This notice fulfills the statutory disclosure obligation for an insider sale under Rule 144. It records that the shares were originally issued as founders shares and provides broker details, sale timing, and proceeds for recent transactions. The seller's attestation regarding material adverse information is present, but the form does not include a notice date or signature block details in the provided content. That omission in the supplied text means those administrative fields cannot be independently confirmed from this excerpt.

144/A: Filer Information

144/A: Issuer Information

144/A: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

144/A: Remarks and Signature

FAQ

What does Cadrenal Therapeutics (CVKD) disclose in this Form 144/A?

The filing reports a proposed sale of 6,790 common shares via Merrill Lynch on or about 09/25/2025, acquired as founders shares on 01/25/2022, plus three prior sales totaling 7,610 shares.

Who is the seller named in the filing?

The recent sales listed were by Quang X. Pham, whose address is shown in the filing; the proposed sale is identified for the account associated with that filing.

How many shares of Cadrenal are outstanding per the filing?

The filing shows 2,046,854 shares outstanding against which the disclosed sale amounts should be evaluated.

What were the proceeds from the insider sales in the past three months?

Gross proceeds totaled $106,104.20 from three sales: $53,455.56 (08/27/2025), $16,540.64 (08/28/2025), and $36,108.00 (09/24/2025).

Were the shares being sold subject to any special acquisition terms?

The shares were recorded as Founders Shares acquired from the issuer on 01/25/2022; no non-cash payment terms are indicated in the excerpt.
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Biotechnology
Pharmaceutical Preparations
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United States
PONTE VEDRA