Form 4: Cingulate Inc. SVP and CFO Jennifer L. Callahan Reports Stock and Warrant Transactions

Jennifer L. Callahan, SVP and CFO of Cingulate Inc., reports the purchase of common stock and warrants, reflecting a post-reverse stock split adjustment.

Summary

• On March 15, 2022, Jennifer L. Callahan, SVP and CFO of Cingulate Inc., purchased 55 shares of common stock at $27.10 per share.
• On March 15, 2022, Callahan also purchased 1,500 warrants to purchase common stock at a price of $0.3007 per warrant.
• The warrants were purchased in multiple transactions at prices ranging from $0.2999 to $0.3094 per warrant.
• The reported transactions reflect a 1-for-20 reverse stock split that became effective on November 30, 2023.
• Callahan directly owns 2,333 shares of common stock and 21,030 warrants after the reported transactions.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting insider transactions, which is neutral in sentiment.

Industry Context

This filing is a routine disclosure of stock and warrant transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.

Key Dates

Keywords

Form 4, Cingulate Inc., Jennifer L. Callahan, Stock purchase, Warrant purchase, Reverse stock split, Beneficial ownership, CING