ACADIA PHARMACEUTICALS (ACAD) officer sells 11,421 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACADIA PHARMACEUTICALS principal accounting officer James Kihara sold 11,421 shares of common stock in an open-market transaction at a weighted average price of $26.0846 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 9, 2025, and Kihara now holds 13,088 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 11,421 shares ($297,912)
Net Sell
1 txn
Insider
Kihara James
Role
PRINCIPAL ACCOUNTING OFFICER
Sold
11,421 shs ($298K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,421 | $26.0846 | $298K |
Holdings After Transaction:
Common Stock — 13,088 shares (Direct, null)
Footnotes (1)
- Reported transaction occurred pursuant to a Rule 10b5-1 Plan adopted by the reporting person on December 9, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.88 to $26.265, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
Key Figures
Shares sold: 11,421 shares
Weighted average sale price: $26.0846 per share
Post-transaction holdings: 13,088 shares
+1 more
4 metrics
Shares sold
11,421 shares
Open-market sale on June 26, 2026
Weighted average sale price
$26.0846 per share
Common stock sale
Post-transaction holdings
13,088 shares
Direct ownership after sale
Trade price range
$25.88 to $26.265
Range of individual sale transactions
Key Terms
Rule 10b5-1 Plan, weighted average price, open-market sale
3 terms
Rule 10b5-1 Plan financial
"Reported transaction occurred pursuant to a Rule 10b5-1 Plan adopted by the reporting person on December 9, 2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did ACAD (ACADIA PHARMACEUTICALS) report for James Kihara?
ACADIA PHARMACEUTICALS reported that principal accounting officer James Kihara sold 11,421 shares of common stock. The transaction was an open-market sale executed under a pre-arranged Rule 10b5-1 trading plan.
Was the ACAD insider sale by James Kihara under a Rule 10b5-1 plan?
Yes, the sale by James Kihara occurred pursuant to a Rule 10b5-1 trading plan. The plan was adopted by the reporting person on December 9, 2025, indicating the transactions were pre-arranged in advance.