Arshad Iqbal 4
4 · Cerence Inc. · Filed Jan 9, 2024
Insider Transaction Report
Form 4
Cerence Inc.CRNC
Arshad Iqbal
EVP, CTO
Transactions
- Sale
Common Stock
2024-01-09$18.79/sh−5,188$97,483→ 238,685 total
Footnotes (1)
- [F1]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 plan 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.