Silva Raul R. 4
Research Summary
AI-generated summary
Cingulate (CING) EVP Raul R. Silva Receives Award; 1,828 Shares Withheld
What Happened
- Raul R. Silva, Executive Vice President and Chief Scientific Officer of Cingulate Inc. (CING), was granted 4,526 shares of common stock on 2026-03-09 under the company's 2021 Omnibus Equity Incentive Plan as part of a portion of his 2025 bonus. The grant is reported at $0.00 per share (award).
- Of those shares, 1,828 were withheld to satisfy tax obligations (reported as disposition under code F), leaving a net issuance of 2,698 shares to Mr. Silva.
Key Details
- Transaction date: 2026-03-09; Filing date: 2026-03-11 (Form 4 accession 0001493152-26-009723).
- Grant: 4,526 shares (code A) at $0.00 per share; Withholding: 1,828 shares (code F) at $0.00 per share.
- Footnotes: F1 — grant made under the 2021 Omnibus Equity Incentive Plan for part of Silva's 2025 bonus. F2 — shares otherwise issuable were withheld to satisfy tax obligations on that grant.
- Shares owned after the transaction are not provided in the summary information supplied.
- No late-filing flag is indicated in the provided data; the Form 4 was filed two days after the transaction date.
Context
- This was a company stock award (not an open-market purchase or sale). Withholding shares to cover taxes is a routine administrative step and does not necessarily signal intent to buy or sell additional stock.
- For retail investors, awards increase an insider's stake only to the extent shares remain after withholding; here the net increase is 2,698 shares.