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Amylyx director Cohen proposes $2.95M share sale

The notice also lists Cohen's sale of 30,464 common shares for gross proceeds of $980,503.90 on September 10, 2026.

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Form Type
144

Rhea-AI Filing Summary

Joshua Barry Cohen, identified as a director and officer of Amylyx Pharmaceuticals, Inc. (AMLX), gave notice of a proposed sale of 100,000 common shares, with an aggregate market value of $2,950,000 and an approximate sale date of November 9, 2026. The notice lists 128,562,904 common shares outstanding and states that 100,000 common shares were acquired from the issuer as founders shares on January 13, 2014. It lists May 11, 2026 as the plan adoption or instruction date if relying on Rule 10b5-1.

Proposed sale 100,000 shares Common shares; approximate sale date November 9, 2026
Aggregate market value $2,950,000 Proposed sale of common shares
Common shares outstanding 128,562,904 shares Outstanding share count listed in the notice
Prior sale 30,464 shares Common shares sold September 10, 2026
Gross proceeds $980,503.90 Prior sale on September 10, 2026
Rule 10b5-1 regulatory
"If Relying on Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Founders Shares financial
"Nature of Acquisition Transaction: Founders Shares"
Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.
Gross Proceeds financial
"Gross Proceeds"
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many AMLX shares did Joshua Barry Cohen propose to sell?

Cohen gave notice of a proposed sale of 100,000 common shares, with an aggregate market value of $2,950,000 and an approximate sale date of November 9, 2026.

How many AMLX shares did Joshua Barry Cohen sell in the prior three months?

Cohen reported selling 30,464 common shares on September 10, 2026, for gross proceeds of $980,503.90.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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