Salinas Jennifer sold CRNC
October 6, 2025 · Form 4 insider transaction
Salinas Jennifer sold 64,784 shares of Cerence Inc. at $12.76 per share, a transaction worth $826.5K. 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
64,784
Price
$12.76
Total value
$826.5K
InsiderSalinas Jennifer
Role—
CompanyCerence Inc. (CRNC)
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateOctober 6, 2025
Filing dateOctober 7, 2025
Shares owned after424,283
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.