Schanz Nils sold CRNC
October 7, 2026 · Form 4 insider transaction
Schanz Nils sold 52,439 shares of Cerence Inc. at $8.00 per share, a transaction worth $419.5K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Disposed (sell-side)
Shares
52,439
Price
$8.00
Total value
$419.5K
InsiderSchanz Nils
Role—
CompanyCerence Inc. (CRNC)
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateOctober 7, 2026
Filing dateOctober 9, 2026
Shares owned after290,243
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.