Stengone Carmine N. 4
4 · Contineum Therapeutics, Inc. · Filed Jan 30, 2026
Research Summary
AI-generated summary of this filing
Contineum (CTNM) CEO Carmine Stengone Receives Option Award
What Happened
Carmine N. Stengone, CEO, President and Director of Contineum Therapeutics (CTNM), received a grant of 445,000 derivative shares (options) on January 30, 2026. The Form 4 reports an acquisition price of $0.00, reflecting an option award rather than an open‑market purchase; the filing does not state an immediate cash value or exercise (strike) price.
Key Details
- Transaction date: 2026-01-30; Form filed 2026-01-30 (timely).
- Transaction type/code: A — Award/Grant (derivative).
- Shares/rights granted: 445,000 option shares. Reported acquisition price: $0.00 (indicates option award).
- Vesting: Options vest in equal monthly installments over 48 months, subject to continuous service (footnote F1).
- Shares owned after transaction: Not specified in the provided filing details.
- No tax withholding, sale, or 10b5-1 plan mentioned in this filing.
Context
This is a standard executive equity incentive grant: it creates the potential for future ownership if options vest and are exercised. The Form 4 does not disclose an exercise/strike price or immediate realized value, so the grant’s monetary value isn’t determinable from this filing alone. Grants like this are common for aligning executives’ incentives with long‑term company performance.
Insider Transaction Report
- Award
Stock Option (right to buy)
[F1]2026-01-30+445,000→ 445,000 totalExercise: $14.26Exp: 2036-01-29→ Class A Common Stock (445,000 underlying)
Footnotes (1)
- [F1]Options granted under the Issuer's 2024 Equity Incentive Plan. The options shares vest in equal monthly installments over 48 months, subject to the Reporting Person's continuous service.