Apogee Therapeutics (APGE) CMO sells shares, exercises options under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Apogee Therapeutics, Inc. Chief Medical Officer Carl Dambkowski reported an option exercise and related share sale in company stock. He exercised stock options covering 4,125 shares of common stock at a price of $22.86 per share and sold 5,500 shares of common stock in an open-market transaction at an average price of $132.74 per share.
Following these transactions, Dambkowski directly owns 177,873 shares of common stock and holds stock options representing 114,790 shares after the partial exercise. The sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on September 22, 2025, indicating the trade was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,500 shares ($730,070)
Net Sell
3 txns
Insider
Dambkowski Carl
Role
Chief Medical Officer
Sold
5,500 shs ($730K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 4,125 | $0.00 | -- |
| Exercise | Common Stock | 4,125 | $22.86 | $94K |
| Sale | Common Stock | 5,500 | $132.74 | $730K |
Holdings After Transaction:
Stock Option (Right to Buy) — 114,790 shares (Direct, null);
Common Stock — 183,373 shares (Direct, null)
Footnotes (1)
- This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on September 22, 2025. 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.
Key Figures
Shares sold: 5,500 shares
Sale price: $132.74 per share
Options exercised: 4,125 shares
+5 more
8 metrics
Shares sold
5,500 shares
Open-market sale of common stock on July 1, 2026
Sale price
$132.74 per share
Average price for 5,500 common shares sold
Options exercised
4,125 shares
Common stock acquired via option exercise
Option strike price
$22.86 per share
Exercise price of stock option converted into common stock
Shares owned after
177,873 shares
Direct common stock holdings following transactions
Options remaining
114,790 options
Stock options outstanding after partial exercise
Net share direction
Net-sell of 1,375 shares
Net of shares sold versus shares acquired via exercise
10b5-1 plan date
September 22, 2025
Adoption date of pre-arranged trading plan
Key Terms
Rule 10b5-1 trading plan, Stock Option (Right to Buy), derivative security, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on September 22, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) ... represents the right to purchase 175,345 shares of the Issuer's common stock"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
vesting financial
"which will vest in forty-eight equal monthly installments through December 18, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did Apogee Therapeutics (APGE) report for Carl Dambkowski?
Apogee Therapeutics reported that Chief Medical Officer Carl Dambkowski exercised options for 4,125 shares and sold 5,500 shares of common stock. These transactions occurred on July 1, 2026 as part of a disclosed trading and compensation activity.
At what prices did Carl Dambkowski trade Apogee Therapeutics (APGE) stock?
Carl Dambkowski exercised stock options at a strike price of $22.86 per share and sold 5,500 Apogee Therapeutics common shares at an average price of $132.74 per share. This reflects converting options into shares, then selling part of his equity position.
Was the Apogee Therapeutics (APGE) insider sale under a Rule 10b5-1 plan?
Yes. The filing states the sale transaction was executed under a Rule 10b5-1 trading plan adopted on September 22, 2025. Such plans schedule trades in advance, indicating the timing of the July 1, 2026 sale was pre-arranged rather than opportunistic.
What stock option terms were disclosed for Apogee Therapeutics (APGE) in this filing?
The filing notes a stock option representing the right to purchase 175,345 Apogee Therapeutics common shares. This option vests in forty-eight equal monthly installments through December 18, 2027, conditioned on Carl Dambkowski’s continued service with the company.