Ortmanns Stefan 4
4 · Cerence Inc. · Filed Jan 12, 2024
Insider Transaction Report
Form 4
Cerence Inc.CRNC
Ortmanns Stefan
Executive Vice President
Transactions
- Sale
Common Stock
2024-01-12$19.26/sh−11,942$230,003→ 573,985 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.