Apogee Therapeutics (APGE) CEO sells 20,000 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Apogee Therapeutics Chief Executive Officer Michael Thomas Henderson reported open-market sales of company common stock. On April 8, 2026, he sold 17,800 shares at a weighted average price of $82.48, 2,000 shares at $83.26, and 200 shares at $85.00.
These transactions were executed under a Rule 10b5-1 trading plan adopted on August 13, 2025, indicating they were pre-scheduled. Following these sales, Henderson directly holds 1,132,987 shares of Apogee Therapeutics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares ($1,651,664)
Net Sell
3 txns
Insider
HENDERSON MICHAEL THOMAS
Role
Chief Executive Officer
Sold
20,000 shs ($1.65M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 17,800 | $82.48 | $1.47M |
| Sale | Common Stock | 2,000 | $83.26 | $167K |
| Sale | Common Stock | 200 | $85.00 | $17K |
Holdings After Transaction:
Common Stock — 1,135,187 shares (Direct)
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 $82.00 to $82.97, 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 (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 $83.00 to $83.50, 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.
Key Figures
Total shares sold: 20,000 shares
First block sale price: $82.48 per share
Second block sale price: $83.26 per share
+5 more
8 metrics
Total shares sold
20,000 shares
Open-market sales on April 8, 2026
First block sale price
$82.48 per share
17,800 shares of common stock sold
Second block sale price
$83.26 per share
2,000 shares of common stock sold
Third block sale price
$85.00 per share
200 shares of common stock sold
Shares held after transactions
1,132,987 shares
CEO’s direct ownership after April 8, 2026 sales
10b5-1 plan adoption date
August 13, 2025
Pre-arranged trading plan governing reported sales
Weighted-average price range 1
$82.00–$82.97
Price range for trades summarized at $82.48
Weighted-average price range 2
$83.00–$83.50
Price range for trades summarized at $83.26
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Common Stock, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on August 13, 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.
weighted average price financial
"The price reported above is a weighted average price. The shares were sold in multiple transactions..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"transaction_type: non-derivative"
FAQ
What insider transaction did Apogee Therapeutics (APGE) report for its CEO?
Apogee Therapeutics reported that CEO Michael Thomas Henderson sold 20,000 shares of common stock. The sales occurred in three open-market transactions on April 8, 2026, at prices between $82.48 and $85.00 per share, under a pre-arranged Rule 10b5-1 trading plan.
Were the Apogee Therapeutics (APGE) CEO’s stock sales pre-planned?
Yes. The filing states the transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on August 13, 2025. Such plans allow insiders to schedule trades in advance, helping separate routine portfolio management from discretionary trading decisions.
What does the weighted average price disclosure mean in the APGE Form 4?
The Form 4 explains that some reported prices are weighted averages across multiple trades. For example, shares were sold in ranges from $82.00 to $82.97 and from $83.00 to $83.50. The CEO offers to provide detailed per-trade prices upon request to shareholders or regulators.
What type of security did the Apogee Therapeutics (APGE) CEO sell?
The CEO sold Apogee Therapeutics common stock, classified in the filing as a non-derivative security. No derivative exercises or conversions were reported, and the derivative position summary in the data provided shows no remaining derivative transactions in this particular Form 4.