Compugen (CGEN) CEO exercises options and sells 5,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Compugen Ltd President and CEO Ophir Eran exercised options to acquire 5,000 ordinary shares at an exercise price of $0.8292 per share, then sold 5,000 shares in an open-market transaction at a weighted average price of $2.9042.
The sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on December 26, 2025. Following these transactions, Eran directly owns 11,375 ordinary shares. The exercised option was from a grant that vested over time through quarterly installments.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,000 shares ($14,521)
Net Sell
3 txns
Insider
Ophir Eran
Role
President and CEO
Sold
5,000 shs ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Option (right to buy) | 5,000 | $0.00 | -- |
| Exercise | Ordinary Shares | 5,000 | $0.8292 | $4K |
| Sale | Ordinary Shares | 5,000 | $2.9042 | $15K |
Holdings After Transaction:
Share Option (right to buy) — 19,375 shares (Direct);
Ordinary Shares — 16,375 shares (Direct)
Footnotes (1)
- This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 26, 2025. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.90 to $2.91 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. 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.
Key Figures
Options exercised: 5,000 shares
Option exercise price: $0.8292 per share
Shares sold: 5,000 shares
+4 more
7 metrics
Options exercised
5,000 shares
Share Option exercised on April 14, 2026
Option exercise price
$0.8292 per share
Exercise price for 5,000-share option
Shares sold
5,000 shares
Open-market sale on April 14, 2026
Sale weighted average price
$2.9042 per share
Sales between $2.90 and $2.91
Shares owned after transactions
11,375 shares
Direct holdings following April 14, 2026 trades
10b5-1 plan adoption date
December 26, 2025
Plan governing the April 14, 2026 sale
Option expiration
November 9, 2032
Expiration date of exercised option grant
Key Terms
Rule 10b5-1 trading plan, weighted average price, Share Option (right to buy), vested in 12 equal quarterly installments
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted..."
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 is a weighted average price. These shares were sold..."
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.
vested in 12 equal quarterly installments financial
"the remainder vested or vests in 12 equal quarterly installments thereafter..."
FAQ
What did Compugen (CGEN) CEO Ophir Eran report in this Form 4?
Compugen CEO Ophir Eran reported exercising options for 5,000 ordinary shares and selling 5,000 shares in the open market. These transactions were part of his equity compensation activity and reflect both acquiring and disposing of shares on the same date.
What options did the Compugen (CGEN) CEO exercise in this filing?
He exercised a share option for 5,000 ordinary shares at an exercise price of $0.8292 per share. This option grant vested 25% on December 31, 2023, with the remainder vesting in 12 equal quarterly installments thereafter.
What is notable about the pricing of the Compugen (CGEN) CEO’s option exercise and sale?
The options were exercised at $0.8292 per share, while the related sale occurred at a weighted average price of $2.9042. This shows a spread between the exercise price and market sale price on the transaction date.