Adaptive Biotechnologies (NASDAQ: ADPT) insider plans more sales after $7.96M already sold
Rhea-AI Filing Summary
Adaptive Biotechnologies Corp (ADPT) insider Chad Robins has filed a notice of proposed sale of common stock under Rule 144. He plans to sell 278,676 shares through Goldman Sachs & Co. LLC via a cashless exercise/same-day sale of stock options originally granted on February 7, 2018. The planned sale represents part of an issuer share base of 159,595,842 shares outstanding. Over the prior three months, Robins has already sold 321,324 shares of common stock.
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Key Figures
Shares to be sold: 278,676 shares
Aggregate market value of proposed sale: $6,844,282.56
Shares outstanding: 159,595,842 shares
+3 more
6 metrics
Shares to be sold
278,676 shares
Proposed sale of ADPT common stock under Rule 144
Aggregate market value of proposed sale
$6,844,282.56
Value of 278,676 shares to be sold
Shares outstanding
159,595,842 shares
Issuer’s common stock referenced in the notice
Shares sold in past 3 months
321,324 shares
Chad Robins’ prior ADPT common stock sales
Value of shares sold in past 3 months
$7,959,195.48
Aggregate proceeds from prior 3-month sales
Option grant date
02/07/2018
Date stock options underlying the sale were acquired as compensation
Key Terms
Rule 144, cashless exercise, same-day sale, aggregate market value
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
cashless exercise financial
"Compensation -- Cashless exercise / same-day sale"
A cashless exercise is a way for an option holder to convert stock options into actual shares without paying the purchase price in cash; instead they immediately give up a portion of the newly issued shares to cover the cost and any withholding taxes. Investors care because this process increases the number of shares available and can slightly dilute existing holdings, while also signaling how insiders or employees are realizing compensation without needing cash — similar to paying for a purchase by handing over part of what you just bought.
same-day sale financial
"Compensation -- Cashless exercise / same-day sale"
aggregate market value financial
"278676 | 6844282.56 | 159595842"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
What did ADPT insider Chad Robins file in this Form 144?
Chad Robins filed a Rule 144 notice for a proposed sale of 278,676 shares of Adaptive Biotechnologies common stock through Goldman Sachs & Co. LLC via a cashless exercise and same-day sale.
What ADPT stock sales has Chad Robins made in the last three months?
Over the past three months, Chad Robins has sold 321,324 shares of Adaptive Biotechnologies common stock for an aggregate amount of $7,959,195.48, as disclosed in the Rule 144 filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.