Klevorn Marcy S 4

What Happened Marcy S. Klevorn, a director of Cerence Inc. (CRNC), was granted 12,968 restricted stock units (RSUs) on February 12, 2026. The RSUs carry a nominal per-share acquisition price of $0.01, giving a reported total value of $130. This was an award/grant (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-12; Form 4 filed 2026-02-13 (Accession 0001768267-26-000014).
• Transaction type/code: Award/Grant (A).
• Shares granted: 12,968 RSUs at $0.01 per share; total reported value $130.
• Post-transaction holdings: Not specified in the provided excerpt of the filing.
• Vesting note (F1): RSUs vest on the earlier of (i) the first anniversary of the grant date or (ii) the day immediately prior to the company’s next fiscal-year Annual General Meeting.
• No 10b5-1 plan, tax-withholding, or late-filing flag noted in the provided details.

Context This is a standard compensation award to a director. RSU grants are common for aligning executive/director pay with shareholder interests; because these RSUs vest in the future, they do not represent an immediate purchase or sale of shares. The reported dollar value is nominal (~$130) due to the $0.01 per-share acquisition amount disclosed.