Apogee director exits 34,824 shares in $135.11 deal
Director Jennifer A. Fox’s Apogee Therapeutics equity, including vested options, was cashed out at a $135.11 per share merger price under the AbbVie-related merger agreement.
Rhea-AI Filing Summary
Apogee Therapeutics, Inc. (APGE) reports that director Jennifer A. Fox disposed of her equity position in connection with a merger. On September 3, 2026, she transferred 34,824 shares of common stock to the company under an Agreement and Plan of Merger involving AbbVie Inc. and related entities, leaving her with no directly held common shares.
On the same date, three vested stock option awards covering 10,370 shares at an exercise price of $43.85, 14,461 shares at $41.66, and 7,657 shares at $85.00 were also disposed of to the issuer. Each option was cashed out for an amount equal to the $135.11 per share merger consideration minus the respective exercise price, consistent with the merger terms. No Rule 10b5-1 trading plan is reported for these transactions.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Option (Right to Buy) F3, F2 | 10,370 | -- | -- |
| Disposition | Stock Option (Right to Buy) F3, F2 | 14,461 | -- | -- |
| Disposition | Stock Option (Right to Buy) F3, F2 | 7,657 | -- | -- |
| Disposition | Common Stock F1 | 34,824 | -- | -- |
Footnotes (3)
- F1. The reported securities represent shares of the Issuer's common stock disposed of pursuant to the terms of the Agreement and Plan of Merger, dated as of June 18, 2026 (the "Merger Agreement"), among Andor LLC, Andor Merger Co., the Issuer and AbbVie Inc.
- F2. The reported options were vested as of the date of the Merger or became fully vested in connection with the Merger.
- F3. Each reported option was disposed of, pursuant to the Merger Agreement, in exchange for a cash payment equal to the excess of the per share merger consideration of $135.11 over the exercise price of such option.
Key Figures
Key Terms
Agreement and Plan of Merger regulatory
vested financial
FAQ
What insider transactions did APGE director Jennifer A. Fox report on September 3, 2026?
How were Jennifer A. Fox’s APGE stock options treated in the merger?
Were the APGE insider transactions made under a Rule 10b5-1 trading plan?
What merger agreement is referenced in the APGE Form 4 filing?
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