In a recent SEC filing, Cognyte Software Ltd. submitted a Form 144 indicating that certain shareholders may be looking to sell up to a specified number of shares. While Form 144 is a routine filing that provides transparency regarding the intent of insiders to sell their shares, it can sometimes signal potential shifts in ownership or liquidity.
Cognyte Software Ltd. is a leading global provider of security analytics software that helps organizations detect, investigate, and respond to security threats. With a focus on utilizing data analytics and AI technology, the company serves a wide range of industries, including government and enterprise sectors. For more information about Cognyte Software Ltd., visit their website here.
Form 144, also known as the Notice of Proposed Sale of Securities, is filed with the SEC when holders of restricted securities plan to sell them in the public market. This filing provides details on the number of shares to be sold, the intended sale date, and the method of sale. It offers transparency to investors and helps prevent insider trading.
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Cognyte Software Ltd. Submits Form 144 Filing – Find Out More About the Company (0001824814)
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