Cerence Inc: EVP chief admin officer Jennifer Salinas sold 66,153 shares

What happened

• Jennifer Salinas, EVP chief admin officer, sold 66,153 shares in an open market or private sale at $8.00 per share on Oct 7, 2026, for $529,224 (transaction code S).
• The Form 4 covering the transaction was filed on Oct 9, 2026.

Key details

• Transaction date and price: Oct 7, 2026 — 66,153 shares at $8.00.
• Total proceeds reported: $529,224.
• Transaction type and code: open market or private sale; code S (Sale).
• Shares owned after the transaction: not reported in this filing.
• Footnote F1: the shares sold represent the number required to be sold to cover tax withholding obligations in connection with the vesting of RSUs; the sale is mandated by the issuer's sell-to-cover election and does not represent a discretionary trade by the reporting person.
• Filing date: Oct 9, 2026.

Why it may matter

• The filing indicates this was a sell-to-cover transaction to satisfy tax withholding tied to RSU vesting per the footnote.
• This filing does not show why the insider traded or why the company acted.