Planned sale of 500,000 CVLG shares disclosed by issuer (NYSE: CVLG)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
A person associated with CVLG’s issuer has filed a Form 144 indicating an intent to sell 500,000 shares of Class A Common stock through broker Stifel Nicolaus on or about February 9, 2026 on the NYSE. The filing lists an aggregate market value for these shares of $12,300,000.00 and notes that 20,347,178 shares of this class are outstanding. The securities to be sold were acquired through restricted stock vesting in 2023 and an original issuance of founder shares dating back to 1985.
Positive
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Negative
- None.
FAQ
What does CVLG’s latest Form 144 filing disclose?
The Form 144 filing discloses a planned sale of 500,000 Class A Common shares of the CVLG issuer. These shares have an aggregate market value of $12,300,000.00 and are expected to be sold on or about February 9, 2026.