Apogee Therapeutics (APGE) CMO files Form 4 for stock trades
Rhea-AI Filing Summary
Apogee Therapeutics, Inc. Chief Medical Officer Carl Dambkowski reported several stock transactions in common shares and options. On January 7, 2026, he exercised a stock option for 14,025 shares of common stock at an exercise price of $22.86 per share, then sold shares in multiple trades: 2,954 shares at $77.13, 14,820 shares at $77.90, 826 shares at $79.04, and 100 shares at $80.06. The sales were executed under a Rule 10b5-1 trading plan adopted on September 22, 2025. After these transactions, he beneficially owned 212,523 shares of common stock and 139,540 stock options. The filing also notes that earlier Forms 4 since October 3, 2025 overstated his beneficial ownership by 53,910 shares due to an administrative error, and this report reflects the corrected amount.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 14,025 | $0.00 | -- |
| Exercise | Common Stock | 14,025 | $22.86 | $321K |
| Sale | Common Stock | 2,954 | $77.13 | $228K |
| Sale | Common Stock | 14,820 | $77.90 | $1.15M |
| Sale | Common Stock | 826 | $79.04 | $65K |
| Sale | Common Stock | 100 | $80.06 | $8K |
Footnotes (1)
- Due to an administrative error, the amount reported in Column 5 on the reporting person's Form 4 filed on October 3, 2025 was overstated by 53,910 shares. As a result, the beneficial ownership totals reported in the reporting person's Forms 4 filed after October 3, 2025 were each overstated by 53,910 shares. This Form 4 reflects the correct amount of common stock beneficially owned by the reporting person. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on September 22, 2025. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $76.44 to $77.43, 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 ("SEC"), upon request, full information regarding the number of shares sold at each separate price within the range. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $77.45 to $78.44, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $78.70 to $79.24, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range. This option represents the right to purchase 175,345 shares of the Issuer's common stock, which will vest in forty-eight equal monthly installments through December 18, 2027, subject to the Reporting Person's continued service to the Issuer.
FAQ
What insider activity did Apogee Therapeutics (APGE) report for its CMO?
The Chief Medical Officer, Carl Dambkowski, reported exercising a stock option for 14,025 shares of Apogee Therapeutics common stock at an exercise price of $22.86 per share and selling portions of those shares in several transactions on January 7, 2026.
Was the Apogee Therapeutics (APGE) insider sale under a Rule 10b5-1 plan?
Yes. The filing states that the reported sale transactions were executed under a Rule 10b5-1 trading plan that was adopted on September 22, 2025.
What administrative error did the Apogee Therapeutics (APGE) Form 4 correct?
The report explains that a Form 4 filed on October 3, 2025 overstated the CMO’s beneficial ownership by 53,910 shares, and subsequent Forms 4 repeated that overstatement. This Form 4 updates and reflects the correct common stock ownership amount.
What are the terms of the Apogee Therapeutics (APGE) stock option referenced in the filing?
The derivative table notes a stock option with a right to purchase 175,345 shares of common stock at an exercise price of $22.86. According to the footnote, it vests in 48 equal monthly installments through December 18, 2027, subject to the reporting person’s continued service.