Apogee Therapeutics (APGE) CEO logs stock sale and 75,046-share charitable gift
Rhea-AI Filing Summary
Apogee Therapeutics, Inc. Chief Executive Officer Michael Thomas Henderson reported two stock transactions. On July 8, he sold 20,000 shares of common stock in an open-market transaction at a weighted average price of $133.63 per share under a pre-arranged Rule 10b5-1 trading plan. On July 10, he made a bona fide gift of 75,046 shares of common stock to a donor advised fund. Following these transactions, he held 920,941 shares of Apogee common stock directly.
Positive
- None.
Negative
- None.
Insights
CEO executed a small pre-planned sale and a large charitable gift while retaining a substantial shareholding.
Chief Executive Officer Michael Thomas Henderson sold 20,000 shares of Apogee common stock at a weighted average price of $133.63 per share on July 8, 2026. A footnote states this sale was executed under a Rule 10b5-1 trading plan adopted on August 13, 2025, indicating it was pre-scheduled rather than discretionary market timing.
On July 10, 2026, he made a bona fide gift of 75,046 shares to a donor advised fund, transferring those shares without sale proceeds. After both transactions, he directly held 920,941 shares, so he retains a significant equity position. The combination of a modest pre-planned sale and a charitable gift generally reads as routine personal and philanthropic activity rather than a change in corporate outlook.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 75,046 | $0.00 | -- |
| Sale | Common Stock | 20,000 | $133.63 | $2.67M |
Footnotes (1)
- This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on August 13, 2025. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $133.52 to $133.70, 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 range. This transaction involves a bona fide gift of securities from the reporting person to a donor advised fund.