Callahan Jennifer L. 4

What Happened
Jennifer L. Callahan, EVP and CFO of Cingulate, received a grant of 15,329 shares of Cingulate common stock on 2026-03-09 as part of her 2025 bonus. The shares were granted at $0.00 per share (an award, not a market purchase). To satisfy tax withholding obligations, 6,427 of those shares were withheld, leaving a net 8,902 shares issued to her. This was a compensation award rather than an open-market buy or sale.

Key Details

• Transaction date: 2026-03-09 (reported on Form 4 filed 2026-03-11). Filing appears timely.
• Grant: 15,329 shares @ $0.00 (Transaction code A — award/grant).
• Tax withholding: 6,427 shares @ $0.00 withheld (Transaction code F — shares withheld for taxes).
• Net shares delivered to reporting person: 8,902 (15,329 − 6,427).
• Footnotes: F1 — granted under the Issuer’s 2021 Omnibus Equity Incentive Plan as part of the 2025 bonus; F2 — shares withheld to satisfy tax obligations.
• Shares owned after the transaction: not reported in the provided filing excerpt.

Context
This was a compensation stock award and routine tax-withholding (share withholding) event — no cash purchase or open-market sale occurred. Such grants are part of executive compensation and do not, by themselves, indicate buying or selling sentiment in the market.