Compugen (CGEN) SVP exercises stock options and sells 3,500 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Compugen Ltd SVP of Business Development Zurit Levine exercised stock options and sold shares in a pre-planned transaction. On this Form 4, Levine exercised options to acquire 3,500 Ordinary Shares at exercise prices of $0.8292 and $1.15 per share, then sold 3,500 Ordinary Shares at $2.20 per share.
The transactions were made pursuant to a Rule 10b5-1 trading plan adopted on December 23, 2025, indicating they were pre-arranged. After these trades, Levine directly holds 29,375 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,500 shares ($7,700)
Net Sell
5 txns
Insider
Levine Zurit
Role
SVP, Business Development
Sold
3,500 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Option (right to buy) | 2,500 | $0.00 | -- |
| Exercise | Share Option (right to buy) | 1,000 | $0.00 | -- |
| Exercise | Ordinary Shares | 2,500 | $0.8292 | $2K |
| Exercise | Ordinary Shares | 1,000 | $1.15 | $1K |
| Sale | Ordinary Shares | 3,500 | $2.20 | $8K |
Holdings After Transaction:
Share Option (right to buy) — 13,625 shares (Direct);
Ordinary Shares — 31,875 shares (Direct)
Footnotes (1)
- This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 23, 2025. This option vested 25% on December 31, 2023 and the remainder vested or vests in 12 equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer. This option vested 25% on September 30, 2024 and the remainder vested or vests in 12 equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer.
Key Figures
Options exercised: 3,500 shares
Exercise prices: $0.8292 and $1.15 per share
Shares sold: 3,500 shares
+4 more
7 metrics
Options exercised
3,500 shares
Ordinary Shares acquired via option exercise on April 1, 2026
Exercise prices
$0.8292 and $1.15 per share
Conversion prices for Share Options exercised into Ordinary Shares
Shares sold
3,500 shares
Ordinary Shares sold in open-market transaction on April 1, 2026
Sale price
$2.20 per share
Price for open-market sale of 3,500 Ordinary Shares
Shares held after
29,375 shares
Direct Ordinary Share ownership following the reported transactions
Rule 10b5-1 plan adoption date
December 23, 2025
Date Levine adopted the trading plan governing these transactions
Option expiration dates
November 9, 2032; August 3, 2033
Expiration for the Share Options that were exercised
Key Terms
Rule 10b5-1 trading plan, Share Option (right to buy), Exercise or conversion of derivative security, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 23, 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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security for the options."
open-market sale financial
"transaction_action: open-market sale of 3,500 Ordinary Shares at $2.20 per share."
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.
FAQ
What insider transactions did Compugen (CGEN) SVP Zurit Levine report?
Zurit Levine reported exercising options to acquire 3,500 Ordinary Shares and selling 3,500 Ordinary Shares. The sale was at $2.20 per share and followed option exercises at $0.8292 and $1.15 per share, all on April 1, 2026.
Were Zurit Levine’s Compugen (CGEN) transactions under a Rule 10b5-1 trading plan?
Yes. A footnote states the transaction was made pursuant to a Rule 10b5-1 trading plan adopted on December 23, 2025. Such plans pre-schedule trades, indicating the timing was determined in advance rather than based on short-term market movements.
What types of securities are involved in Zurit Levine’s Compugen (CGEN) Form 4 filing?
The filing involves Share Options, described as a right to buy, and Ordinary Shares. Levine exercised options for 3,500 underlying Ordinary Shares, then reported corresponding non-derivative Ordinary Share entries, including an open-market sale of 3,500 Ordinary Shares.