Cadrenal Therapeutics CFO Disposes of 2,000 Shares in Open-Market Sales
Rhea-AI Filing Summary
Cadrenal Therapeutics insider transaction: The company's Chief Financial Officer, Matthew K. Szot, reported two open-market sales of common stock. He sold 1,600 shares on 08/27/2025 at a weighted-average price of $13.995 and sold 400 shares on 08/28/2025 at $14.00. After the first sale he reported beneficial ownership of 31,733 shares and after the second sale 31,333 shares. The Form 4 indicates these were non-derivative dispositions and includes footnotes that the reported prices reflect multiple trades within the stated ranges.
Positive
- Timely disclosure of insider sales via Form 4, including explanatory footnotes on weighted-average prices
Negative
- Officer stock sales totaling 2,000 shares, which may be viewed negatively by some investors though size appears modest
Insights
TL;DR: Officer sold a modest number of shares in two transactions; disclosure is routine and non-material relative to total float.
The CFO executed two small open-market sales totaling 2,000 shares at roughly $14 per share. The filing shows routine Section 16 reporting and price footnotes indicating multiple trades. There is no derivative activity reported and the remaining beneficial ownership after the transactions is 31,333 shares. From a market-impact perspective, these transactions appear modest and the Form 4 provides standard transparency.
TL;DR: Disclosure meets Rule 16 reporting expectations; sales are documented with price-range footnotes.
The report identifies the reporting person as the CFO and confirms timely disclosure of two non-derivative sales. The explanatory footnotes clarify that reported prices are weighted averages from multiple trades, which supports record accuracy. No exemptions or plans (e.g., Rule 10b5-1) are explicitly referenced as the basis for the trades on the form, beyond an initial checkbox; the filing itself remains a straightforward compliance disclosure rather than a governance event.