Adaptive Biotechnologies Corp (ADPT) CSO exercises options and sells 492,400 shares
Rhea-AI Filing Summary
Adaptive Biotechnologies Corp chief scientific officer Harlan S. Robins exercised a fully vested stock option for 284,800 shares of common stock at $6.55 per share and sold 492,400 shares in two transactions at weighted-average prices of $21.72 and $22.12 on July 21, 2026.
All reported trades were effected under a Rule 10b5-1 trading plan adopted on March 13, 2026.
Positive
- None.
Negative
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Insights
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Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
ROBINS HARLAN S
Role
Chief Scientific Officer
Sold
492,400 shs ($10.78M)
Approx. gross sale proceeds
$10.78M
Approx. exercise cost
$1.87M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F1, F4 | 284,800 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 284,800 | $6.55 | $1.87M |
| Sale | Common Stock F1, F2 | 278,698 | $21.72 | $6.05M |
| Sale | Common Stock F1, F3 | 213,702 | $22.12 | $4.73M |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 812,058 shares (Direct)
Footnotes (4)
- F1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2026.
- F2. The price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $20.90 to $21.89, inclusive. The reporting person undertakes to provide to Adaptive Biotechnologies Corporation, any security holder of Adaptive Biotechnologies Corporation, 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 ranges set forth in any footnotes to this Form 4.
- F3. The price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $21.90 to $22.47, inclusive. The reporting person undertakes to provide to Adaptive Biotechnologies Corporation, any security holder of Adaptive Biotechnologies Corporation, 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 ranges set forth in any footnotes to this Form 4.
- F4. The option was fully vested and exercisable.
Key Figures
Options Exercised: 284,800 shares
Exercise Price: $6.55 per share
Shares Sold: 492,400 shares
+3 more
6 metrics
Options Exercised
284,800 shares
Stock option (right to buy) exercised on July 21, 2026
Exercise Price
$6.55 per share
Exercise or conversion price of the stock option
Shares Sold
492,400 shares
Total ADPT common shares sold across two transactions
Weighted-Average Sale Price 1
$21.72 per share
First sale, trades ranged from $20.90 to $21.89
Weighted-Average Sale Price 2
$22.12 per share
Second sale, trades ranged from $21.90 to $22.47
Option Expiration
February 7, 2028
Expiration date of the exercised stock option grant
Key Terms
Rule 10b5-1 trading plan, weighted-average price, Stock Option (right to buy), fully vested and exercisable
4 terms
Rule 10b5-1 trading plan regulatory
"The transactions reported ... were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted-average price financial
"The price reported for this transaction is a weighted-average price."
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
fully vested and exercisable financial
"The option was fully vested and exercisable."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did ADPT insider Harlan S. Robins report in this Form 4?
Harlan S. Robins, chief scientific officer of Adaptive Biotechnologies (ADPT), reported exercising a stock option for 284,800 shares at $6.55 per share and selling 492,400 common shares in two transactions on July 21, 2026.
What stock option exercise did the ADPT chief scientific officer report?
The chief scientific officer exercised a fully vested stock option covering 284,800 shares of Adaptive Biotechnologies common stock at an exercise price of $6.55 per share. Following this exercise, the specific option grant reported showed 0 derivative shares remaining.
Were the reported ADPT trades made under a Rule 10b5-1 plan?
Yes. All transactions in the filing were effected under a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2026, indicating the trades followed a pre-arranged schedule rather than discretionary timing.