Cadrenal Therapeutics insider sold 14,400 shares recently; 419-share sale planned
Rhea-AI Filing Summary
Cadrenal Therapeutics (CVKD) Form 144 notice: An insider proposes a Rule 144 sale of 419 common shares through Merrill Lynch with an aggregate market value of $5,869.50, planned for 09/29/2025. The shares were acquired as founders shares on 01/25/2022. The filing reports 2,046,854 shares outstanding for the issuer. The filer previously sold common stock in the past three months on 08/27/2025, 08/28/2025, 09/24/2025 and 09/25/2025 totaling 14,400 shares for $201,765.14 in gross proceeds. The notice includes the required signature attesting no undisclosed material information.
Positive
- None.
Negative
- Insider sales in past 3 months totaled 14,400 shares resulting in $201,765.14 gross proceeds, which may be observed by investors as notable insider selling activity.
- Upcoming sale, while small (419 shares, $5,869.50), continues a pattern of dispositions by the same person within the reported period.
Insights
TL;DR: Insider sale notice for 419 shares; materiality appears limited given total outstanding shares, but recent monthly selling is notable.
The filing documents a planned Rule 144 sale of 419 common shares acquired as founders shares on 01/25/2022, to be executed via Merrill Lynch on 09/29/2025. The issuer has 2,046,854 shares outstanding. Recent disposals by the same person amount to 14,400 shares in the past three months for $201,765.14 in gross proceeds. From a market-impact perspective this specific notice is small relative to the outstanding share base; however, the recent cadence of sales is a factual trend investors may track. No financial results, projections, or additional company disclosures are included in this filing.
TL;DR: Routine Rule 144 disclosure consistent with insider liquidation; compliance elements present, no governance violations stated.
The form includes the required information: acquisition date and nature (founders shares, 01/25/2022), broker details, planned sale date, shares outstanding, and a signature representation concerning material nonpublic information. There is no allegation of wrongdoing or indication of a trading plan date under Rule 10b5-1 in the text provided. The filing therefore reads as a standard compliance disclosure of insider sales rather than a governance event triggering remediation or investigation.