Apellis director restructures 5,750 spouse-held shares
Apellis Pharmaceuticals director Stephanie Monaghan O'Brien reported an internal share restructuring involving her spouse's holdings.
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Form Type
4
Rhea-AI Filing Summary
Apellis Pharmaceuticals director Stephanie Monaghan O'Brien reported an internal share restructuring involving her spouse's holdings. A total of 5,750 shares of Common Stock were distributed from a trust to an account held directly by her spouse, and her beneficial ownership is unchanged. Following this, she reports 25,666 shares held directly and 5,750 shares held indirectly through her spouse.
Insider Trade Summary
Other: 5,750 shares
Other
2 txns
Insider
O'Brien Stephanie Monaghan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 5,750 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,750 shares (Indirect, By Spouse);
Common Stock — 25,666 shares (Direct)
Footnotes (1)
- F1. Represents a distribution of shares from a trust to an account held directly by the reporting person's spouse. The reporting person's beneficial ownership is unchanged.
Key Figures
Restructured shares: 5,750 shares
Direct holdings after transaction: 25,666 shares
Indirect holdings after transaction: 5,750 shares
3 metrics
Restructured shares
5,750 shares
Distribution from trust to spouse account on 2026-04-06
Direct holdings after transaction
25,666 shares
Common Stock held directly after reported event
Indirect holdings after transaction
5,750 shares
Common Stock held indirectly by spouse after distribution
Key Terms
Common Stock, distribution, trust, beneficial ownership, +1 more
5 terms
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.
distribution financial
"Represents a distribution of shares from a trust to an account"
A distribution is a payment or transfer of value from a company, fund, or trust to its shareholders or unit holders, commonly made in cash, additional shares, or other assets. Investors care because distributions provide income, reflect how much cash a business or fund can return to owners, can influence yield and taxable income, and often affect the share price much like a store handing out a portion of its profits to customers.
trust financial
"Represents a distribution of shares from a trust to an account"
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
beneficial ownership financial
"The reporting person's beneficial ownership is unchanged."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
By Spouse financial
"nature_of_ownership: "By Spouse""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Apellis (APLS) director Stephanie Monaghan O'Brien report?
Stephanie Monaghan O'Brien reported an internal restructuring of 5,750 Apellis shares. The shares were distributed from a trust to an account held directly by her spouse, and her overall beneficial ownership of these shares remained unchanged after the movement.
Was the Apellis (APLS) Form 4 a buy or sell by Stephanie Monaghan O'Brien?
The Form 4 does not report a traditional buy or sell. It shows an internal distribution of 5,750 Apellis shares from a trust to an account held directly by her spouse, characterized as an "other" restructuring with no change in her beneficial ownership position.
What does the trust-to-spouse distribution mean for Apellis (APLS) insider ownership?
The distribution shifted 5,750 Apellis shares from a trust to an account in the spouse’s name. According to the footnote, Stephanie Monaghan O'Brien’s beneficial ownership is unchanged, meaning the economic interest and overall insider position remain the same despite the change in holding structure.
How is Stephanie Monaghan O'Brien’s indirect ownership in Apellis (APLS) reported?
Her indirect ownership is reported as 5,750 Apellis shares held "By Spouse." These shares were previously held in a trust and then distributed to her spouse’s account, but the Form 4 states that this movement did not alter her beneficial ownership of the shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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