TNGX (NASDAQ: TNGX) affiliate files to sell 65,460 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
TNGX affiliate submitted a Form 144 notifying an intended sale of 65,460 common shares on 05/01/2026 arising from an exercise of stock options for cash. The filing also reports multiple prior 10b5-1 sales by Adam Crystal totaling reported share lots and proceeds in early 2026.
Positive
- None.
Negative
- None.
Key Figures
Planned sale: 65,460 shares
10b5-1 sale (04/15/2026): 38,460 shares
10b5-1 sale (02/25/2026): 54,345 shares
+4 more
7 metrics
Planned sale
65,460 shares
Intended sale on 05/01/2026 arising from exercise of stock options
10b5-1 sale (04/15/2026)
38,460 shares
Reported sale on 04/15/2026 with proceeds $961,500.00
10b5-1 sale (02/25/2026)
54,345 shares
Reported sale on 02/25/2026 with proceeds $694,208.46
10b5-1 sale (04/01/2026)
27,000 shares
Reported sale on 04/01/2026 with proceeds $572,478.90
10b5-1 sale (03/25/2026)
12,000 shares
Reported sale on 03/25/2026 with proceeds $241,346.40
10b5-1 sale (03/05/2026)
20,251 shares
Reported sale on 03/05/2026 with proceeds $303,765.00
10b5-1 sale (02/03/2026)
18,452 shares
Reported sale on 02/03/2026 with proceeds $226,300.30
Key Terms
Form 144, 10b5-1, exercise of stock options, issuer
4 terms
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
10b5-1 regulatory
"10b5-1 Sales for ADAM CRYSTAL 201 BROOKLINE AVENUE"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
exercise of stock options financial
"Securities To Be Sold ... Exercise of Stock Options"
issuer regulatory
"Securities To Be Sold ... Issuer"
FAQ
What does TNGX's Form 144 disclose about the planned sale?
It notifies an intended sale of 65,460 common shares on 05/01/2026 tied to an exercise of stock options. The notice names the issuer and lists the sale method as cash.
Who executed prior 10b5-1 sales reported in the filing for TNGX?
The filing lists prior 10b5-1 sales by Adam Crystal. It records multiple sale dates in early 2026 with specific share counts and gross proceeds for each transaction.
Does the Form 144 say who receives the cash proceeds from the planned sale?
The filing states the sale arises from an exercise of stock options and lists the method as cash. It does not further specify allocation of proceeds beyond that statement.