Form 4: Matus Kristi Ann reports acquisition/exercise transactions in CRNC
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Matus Kristi Ann reported acquisition or exercise transactions in a Form 4 filing for CRNC. The filing lists transactions totaling 12,968 shares at a weighted average price of $0.01 per share. Following the reported transactions, holdings were 54,737 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Matus Kristi Ann
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,968 | $0.01 | $129.68 |
Holdings After Transaction:
Common Stock — 54,737 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Cerence Inc. (CRNC) report for Kristi Ann Matus?
Cerence reported that director Kristi Ann Matus received an equity award of 12,968 restricted stock units on common stock. The grant is recorded at $0.01 per share and is classified as an acquisition, increasing her directly held beneficial ownership to 54,737 common shares.
Is the Cerence (CRNC) Form 4 for Kristi Ann Matus a stock purchase or a grant?
The filing shows a grant, not an open-market purchase. Director Kristi Ann Matus acquired 12,968 restricted stock units as an award at a stated price of $0.01 per share. The transaction code is "A," indicating a grant, award, or other acquisition of common stock.
When do the restricted stock units granted to Cerence (CRNC) director Kristi Ann Matus vest?
The RSUs vest on the earlier of two dates. They become fully vested either on the first anniversary of the grant date or on the day immediately prior to Cerence’s next fiscal-year annual general meeting, according to the footnote in the Form 4 filing.
What transaction code is used in the Cerence (CRNC) Form 4 for Kristi Ann Matus?
The transaction uses code "A," which denotes a grant, award, or other acquisition. It applies to 12,968 shares of common stock at $0.01 per share. This confirms the event as an equity award rather than a discretionary market trade by the director.
What role does Kristi Ann Matus hold at Cerence Inc. (CRNC) in this Form 4 filing?
Kristi Ann Matus is identified as a director of Cerence Inc. in the filing. The Form 4 is filed for one reporting person, and her relationship box is checked only as "Director," with no officer or 10% owner status indicated in the disclosure.