Cadrenal (CVKD) Insider Plans Sale of 1,693 Founders' Shares
Rhea-AI Filing Summary
Cadrenal Therapeutics, Inc. (CVKD) filed a Form 144 reporting a proposed public sale of 1,693 common shares valued at
The filing also lists multiple recent 10b5-1 plan sales by the same seller totaling several thousand shares over
Positive
- Clear disclosure of proposed sale of 1,693 shares valued at
$23,634.28 - Broker and exchange identified (Morgan Stanley Smith Barney LLC; NASDAQ) enabling verification
- Use of 10b5-1 plan for prior sales provides pre-established trading framework
Negative
- Substantial recent insider sales including 10,900 shares on
09/25/2025 (gross proceeds$153,182.06 ) which increase near-term share supply - Founders' shares being sold (originally issued
05/17/2022 ), which may be viewed negatively by some investors
Insights
TL;DR: An insider plans to sell
The notice shows a proposed brokered sale of 1,693 common shares valued at
Recent executed 10b5-1 sales are listed with exact dates and gross proceeds; notable is a large block of 10,900 shares on
TL;DR: Filing shows formal compliance with Rule 144 and 10b5-1 disclosures and includes the required attestation about material nonpublic information.
The form includes the required attestation that the seller is not aware of any undisclosed material adverse information and records the adoption or reliance on a written trading plan where applicable. This demonstrates procedural compliance with trading and disclosure rules.
Stakeholders can track announced sale dates and compare them to future filings to confirm completion; the listed broker and precise sale date