Iqbal Arshad - 09 Jan 2024 Form 4 Insider Report for Cerence Inc. (CRNC)

Reporting relationship: EVP, CTO
Issuer ticker: CRNC
Reported as of: 09 Jan 2024
Net transaction value: -$97,483
SEC form: 4
Accepted by SEC: 09 Jan 2024, 17:12:29 UTC
Prior SEC filing: 05 Dec 2023
Source filing: View source filing
Reporting owner signature: /s/ Jennifer Salinas Attorney-in-Fact

Key filing fact

Iqbal Arshad filed Form 4 for Cerence Inc. (CRNC) on 09 Jan 2024.

Key facts

This page summarizes Iqbal Arshad's Form 4 filing for Cerence Inc. (CRNC).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 09 Jan 2024, 17:12.

Change

Previous filing in this sequence was filed on 05 Dec 2023.
Current net transaction value: -$97,483.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CRNC transaction

Common Stock

Sale

Transaction value: $97,483
Shares: -5,188
Change %: -2.1%
Price: $18.79
Shares after: 238,685
Date: 09 Jan 2024
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plan to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.