Adaptive Biotechnologies (ADPT) director sells 15,394 shares in open market trade
Rhea-AI Filing Summary
Adaptive Biotechnologies Corp director Michelle Renee Griffin reported an open-market sale of 15,394 shares of Common Stock at a weighted-average price of $13.91 per share. The shares were sold in multiple trades between $13.84 and $13.96. After this sale, she directly holds 15,625 shares, meaning her personal stake was significantly reduced but she continues to own stock in the company.
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- A company director executed an open-market sale of 15,394 shares at a weighted-average price of $13.91, materially reducing her directly held stake while still retaining 15,625 shares.
Insights
Director makes sizable open-market sale but retains a meaningful share position.
Director Michelle Renee Griffin executed an open-market sale of 15,394 shares of Adaptive Biotechnologies Corp Common Stock at a weighted-average price of $13.91. The price range for these trades was between $13.84 and $13.96, indicating execution around a tight market band.
Following the transaction, Griffin directly holds 15,625 shares. Based on the filing alone, the sale represents a substantial reduction of her directly held shares, but she retains a notable equity interest. No derivative positions are listed, so this appears as a straightforward share sale without related option exercises.
The transaction is an open-market sale, which typically carries more informational weight than purely administrative movements such as tax withholding or grants. However, the filing does not reference any Rule 10b5-1 trading plan, broader portfolio context, or company-specific catalysts, so the ultimate significance for investors depends on how this scale of selling compares with her historical activity and the company’s overall share float, which are not detailed here.
FAQ
What insider transaction did Adaptive Biotechnologies (ADPT) report on this Form 4?
At what price did the Adaptive Biotechnologies (ADPT) director sell shares?
How many Adaptive Biotechnologies (ADPT) shares does Michelle Renee Griffin own after the sale?
Was the Adaptive Biotechnologies (ADPT) director sale a single trade or multiple trades?
Does the Form 4 for Adaptive Biotechnologies (ADPT) include any option exercises or derivative transactions?
Is the insider sale at Adaptive Biotechnologies (ADPT) described as an open-market transaction?