Bicycle Therapeutics corrects COO sales to 356 shares
The amendment corrects earlier overstatements in reported sale quantities, weighted-average price and post-transaction beneficial ownership.
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Rhea-AI Filing Summary
Bicycle Therapeutics plc (BCYC) Chief Operating Officer Jennifer Scott Perry reported direct sales of 30 ordinary shares on October 5, 2026, at a weighted average price of $3.57 per share; prices ranged from $3.56 to $3.57. The sale was required to cover statutory tax withholding tied to RSU vesting and settlement. She also reported selling 326 ordinary shares at $3.78 per share on October 5, 2026, under a Rule 10b5-1 trading plan.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F2, F3 | 30 | $3.57 | $107.10 |
| Sale | Ordinary Shares F4, F2 | 326 | $3.78 | $1K |
Footnotes (4)
- F1. Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting and settlement of the RSUs. This sale is mandated by the Reporting Person's award agreement that requires the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the Reporting Person.
- F2. The original Form 4 inadvertently overstated the number of shares sold, weighted average price and the number of shares beneficially owned following the reported transactions. This amendment correctly states the number of shares sold, weighted average price and the number of shares beneficially owned following the reported transactions.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.56 to $3.57 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, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on March 27, 2025.
Key Figures
Key Terms
RSUs financial
Rule 10b5-1 trading plan regulatory
weighted average price financial
FAQ
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Why was the BCYC Form 4 amended?
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