Affiliate to sell 24,375 shares at CGEN (CGEN) — proposed 03/26/2026
Rhea-AI Filing Summary
CGEN affiliate filed a notice to sell 24,375 ordinary shares. The filing lists two option-originated lots: 22,375 shares from an 11/09/2022 grant and 2,000 shares from an 08/03/2023 grant, with the proposed sale date of 03/26/2026. The filing lists an aggregate amount of $50,212.50 and shows 94,553,191 shares outstanding as of 03/26/2026 as context.
Positive
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Negative
- None.
Insights
Notice of proposed affiliate sale of 24,375 ordinary shares under employee option grants.
The notice lists two option lots totaling 24,375 shares with a proposed sale date of 03/26/2026 and an aggregate value reported as $50,212.50. This is a regulatory notice under resale rules and does not itself record a completed market sale.
Cash‑flow treatment and buyer details are not provided in the excerpt; subsequent Form 4 or transaction reports would show completed dispositions if executed.
Scale is small relative to the reported outstanding share count.
The filing shows 24,375 shares against 94,553,191 shares outstanding as of 03/26/2026, indicating a negligible overhang on supply. The listed aggregate value is $50,212.50, implying a low notional size for market impact.
Investor impact depends on whether the options are exercised and sold; timing and execution method are not detailed in the excerpt.