Akero CDO Sells $540K in Stock Following Options Exercise
Insider Trading Activity Report: Catriona Yale, Chief Development Officer of Akero Therapeutics (NASDAQ: AKRO), executed multiple transactions on June 16, 2025, as part of a pre-established Rule 10b5-1 trading plan from May 24, 2024.
Rhea-AI Filing Summary
Insider Trading Activity Report: Catriona Yale, Chief Development Officer of Akero Therapeutics (NASDAQ: AKRO), executed multiple transactions on June 16, 2025, as part of a pre-established Rule 10b5-1 trading plan from May 24, 2024.
Transaction Details:
- Exercised 10,000 stock options at $21.10 per share
- Subsequently sold a total of 10,000 shares in three tranches: - 6,210 shares at avg. price $53.78 - 2,895 shares at avg. price $54.80 - 895 shares at avg. price $55.52
- Following these transactions, Yale holds 92,231 shares directly
The transactions resulted in a reduction of Yale's holdings from 102,231 to 92,231 shares. The exercise and sale pattern suggests a typical insider stock option monetization strategy, with the sales prices representing a significant premium over the option exercise price.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 10,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,000 | $21.10 | $211K |
| Sale | Common Stock | 6,210 | $53.78 | $334K |
| Sale | Common Stock | 2,895 | $54.799 | $159K |
| Sale | Common Stock | 895 | $55.519 | $50K |
Footnotes (5)
- F1. The reported transactions were effected pursuant to a Rule 10b5-1 trading plan dated May 24, 2024, previously adopted by the Reporting Person.
- F2. The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $53.40 to $54.37, 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 ranges set forth in this footnote.
- F3. The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $54.40 to $55.38, 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 ranges set forth in this footnote.
- F4. The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $55.43 to $55.68, 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 ranges set forth in this footnote.
- F5. The options are vested and currently exercisable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did AKRO's Chief Development Officer Catriona Yale report on June 16, 2025?
Was AKRO insider Catriona Yale's stock sale planned in advance?
How many stock options does Catriona Yale have remaining for AKRO after exercising 10,000 options?
AI-generated analysis. How Rhea-AI works. Not financial advice.