Form 4: Cerence Executive Sells Shares
Insider Transaction (Form 4)
Nils Schanz, EVP Product & Technology of Cerence Inc., sold 52,439 shares of common stock on October 7, 2026 for $8.00 per share.
Summary
- Open-market sale: disposed of 52,439 Common Stock at $8.00 ($419,512) on October 7, 2026; holds 290,243 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $419,512 of stock on the open market.
Insider Transactions
Nils Schanz — Officer (EVP Product & Technology)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-07 | Open-market sale | Common Stock | 52,439 | $8 | $419.5K | 290,243 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-07 | Open-market sale (52,439 shares) |
Keywords
insider transaction, Form 4, CRNC, Cerence Inc., bearish, Nils Schanz
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