SUMER JACQUELYN L 4
4 · Cullinan Therapeutics, Inc. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Cullinan (CGEM) CLO Jacquelyn L. Sumer Sells 3,742 Shares
What Happened
Jacquelyn L. Sumer, Chief Legal Officer of Cullinan Therapeutics (CGEM), sold 3,742 shares on 2026-02-20 at $13.62 per share for a total of $50,966. The filing reports the transaction as a sale (open market or private sale) and a footnote indicates the sale was to cover personal income tax obligations upon vesting of restricted stock units.
Key Details
- Transaction date: 2026-02-20; Price: $13.62; Shares sold: 3,742; Proceeds: $50,966.
- Transaction type/code: Sale (S).
- Footnote: Sale made to satisfy tax withholding on vested RSUs.
- Filing date: 2026-02-23 (appears timely; within required reporting window).
- Shares owned after transaction: not specified in the provided summary.
Context
Sales to cover tax withholding on vested restricted stock units are routine and common for executives and typically reflect tax obligations rather than a directional view on the company. The transaction value here is relatively modest.
Insider Transaction Report
Form 4
SUMER JACQUELYN L
Chief Legal Officer
Transactions
- Sale
Common Stock
[F1]2026-02-20$13.62/sh−3,742$50,966→ 131,690 total
Footnotes (1)
- [F1]Sale of shares to cover personal income tax obligations upon vesting of restricted stock units.
Signature
/s/ Jacquelyn Sumer|2026-02-23