STOCK TITAN

TNGX (NASDAQ: TNGX) affiliate files to sell 65,460 shares after option exercise

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
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
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"

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 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.

How many shares and proceeds are shown for the largest 10b5-1 sale listed?

The largest listed 10b5-1 trade shows 54,345 shares on 02/25/2026 with gross proceeds of $694,208.46, as reported in the filing's sales table.

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.