Matus Kristi Ann 4

What Happened
Kristi Ann Matus, a director of Cerence, received an award of 12,968 restricted stock units (RSUs) on 2026-02-12. The reported acquisition price is $0.01 per share, giving a nominal aggregate value of $130. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-12; reported on Form 4 filed 2026-02-13.
• Award: 12,968 RSUs at $0.01 per share; total reported value $130.
• Shares owned after the transaction: not specified in the provided filing.
• Footnote: 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 indication in the filing of a 10b5-1 plan, tax withholding sale, or late filing.

Context
RSUs represent a future right to receive company shares upon vesting and are a common form of director/executive compensation. Because these are a grant with a time-based vesting schedule, they do not reflect an immediate purchase or sale and should be interpreted as compensation rather than a direct bullish or bearish trade signal.