Mentz Christian sold CRNC
October 6, 2025 · Form 4 insider transaction
Mentz Christian sold 26,872 shares of Cerence Inc. at $12.76 per share, a transaction worth $342.8K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Disposed (sell-side)
Shares
26,872
Price
$12.76
Total value
$342.8K
InsiderMentz Christian
RoleOfficer
CompanyCerence Inc. (CRNC)
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateOctober 6, 2025
Filing dateOctober 7, 2025
Shares owned after111,875
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
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 plans 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.