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Planned sale of 500,000 CVLG shares disclosed by issuer (NYSE: CVLG)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: 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: 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: Securities Sold During The Past 3 Months

144: Remarks and Signature

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.

How many CVLG shares are planned to be sold under this Form 144?

The notice covers an intended sale of 500,000 shares of Class A Common stock. This amount is specified directly in the securities information section and is tied to an estimated $12,300,000.00 aggregate market value for the planned Rule 144 transaction.

What is the estimated market value of the CVLG shares in this Form 144?

The Form 144 lists an aggregate market value of $12,300,000.00 for the 500,000 Class A Common shares to be sold. This figure reflects the filer’s estimate at the time of notice and is tied to the planned NYSE sale.

On which exchange will the CVLG shares be sold under this Form 144?

The filing states that the Class A Common shares covered by the Form 144 are expected to be sold on the NYSE. The broker of record is Stifel Nicolaus, located in St. Louis, Missouri, according to the securities information table.

How many CVLG Class A Common shares are outstanding according to the filing?

The Form 144 indicates that there are 20,347,178 Class A Common shares outstanding. This figure is presented in the securities information table and provides context for the 500,000 shares that are the subject of the planned sale.

How were the CVLG shares in this Form 144 acquired?

The securities table shows acquisition through restricted stock vesting on February 28, 2023 and December 29, 2023, plus an original issuance of founder shares dated November 6, 1985. These entries document how the shares to be sold were obtained.
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