AnaptysBio Board Member's Planned Stock Sale Follows RSU Vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Dennis M. Fenton of AnaptysBio reported a significant insider transaction on June 18, 2025. The filing details:
- Sale of 3,015 shares of Common Stock at $23.97 per share
- Transaction was executed under a Rule 10b5-1 trading plan established on March 22, 2024
- The sale was primarily to satisfy tax obligations related to restricted stock unit vesting on June 15, 2025
- Following the transaction, Fenton retains direct ownership of 4,965 shares
This transaction appears to be a planned sale for tax purposes rather than a discretionary trade, as evidenced by the pre-established 10b5-1 plan. The sale represents a partial liquidation of Fenton's holdings, maintaining a significant ownership position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,015 shares ($72,270)
Net Sell
1 txn
Insider
FENTON DENNIS M
Role
Director
Sold
3,015 shs ($72K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,015 | $23.97 | $72K |
Holdings After Transaction:
Common Stock — 4,965 shares (Direct)
Footnotes (1)
- The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 22, 2024. Shares sold to satisfy a portion of the tax obligation in connection with the vesting of restricted stock units on June 15, 2025.
FAQ
Was ANAB insider Dennis Fenton's stock sale planned in advance?
Yes, the sale was executed pursuant to a Rule 10b5-1 trading plan that Dennis Fenton adopted on March 22, 2024. This indicates it was a pre-planned transaction rather than a spontaneous sale.
What is Dennis Fenton's role at ANAB?
Dennis Fenton serves as a Director on AnaptysBio's Board of Directors, as indicated by the 'X' marked in the Director box on the Form 4 filing.