FENC (NASDAQ: FENC) insider files to sell 10,079 shares via option exercise

Rhea-AI Filing Summary

FENC Form 144 reports a proposed sale of 10,079 shares of Common Stock by Rostislav Raykov.

The filing also lists securities sold during the past three months: 10,349 shares on 02/02/2026 for $80,339.29, 10,312 shares on 01/02/2026 for $78,471.23, and 10,000 shares on 12/05/2025 for $75,444.00. The proposed sale is listed as a stock option exercise with a cash transaction.

Insights

Equity Capital Markets Analyst

Routine insider resale filing showing modest block-level activity.

The filing lists a proposed sale of 10,079 shares via a stock option exercise. The seller, Rostislav Raykov, previously sold 10,349, 10,312, and 10,000 share tranches in the prior three months with stated cash proceeds.

Such Form 144 notices are administrative disclosures that permit resale; the filing itself does not specify market timing or buyer counterparties. Subsequent trade reports and public transaction records would show execution and market impact.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	10079	84354.17	28116829	03/02/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/02/2026	Stock Option Exercise	ISSUER			10079	03/02/2026	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ROSTISLAV RAYKOV PO BOX 13628, 68 TW ALEXANDER DRIVE Research Triangle Park NC 27709	Common	02/02/2026	10349	80339.29
ROSTISLAV RAYKOV PO BOX 13628, 68 TW ALEXANDER DRIVE Research Triangle Park NC 27709	Common	01/02/2026	10312	78471.23
ROSTISLAV RAYKOV PO BOX 13628, 68 TW ALEXANDER DRIVE Research Triangle Park NC 27709	Common	12/05/2025	10000	75444.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the FENC Form 144 disclose?

The Form 144 discloses a proposed sale of 10,079 shares by Rostislav Raykov. It specifies a stock option exercise and a cash sale method; prior monthly sales and cash proceeds are also listed.

Who is selling shares in the FENC filing?

The filing names Rostislav Raykov as the selling party. The entry shows his proposed resale of 10,079 shares and prior sales in December 2025 and January–February 2026.

What proceeds are shown for recent FENC sales?

The excerpt lists cash proceeds of $80,339.29, $78,471.23, and $75,444.00 for sales on 02/02/2026, 01/02/2026, and 12/05/2025, respectively.

Does the Form 144 guarantee the shares were sold?

No. The Form 144 reports a proposed resale authorization of 10,079 shares. Execution and actual sale details would appear in subsequent public transaction reports when trades occur.

How frequent were prior sales by the reporting person?

The filing lists three prior sales in three consecutive months: 10,000 on 12/05/2025, 10,312 on 01/02/2026, and 10,349 on 02/02/2026, each with reported cash proceeds.