Centessa Pharmaceuticals CEO Takes Profits as Stock Trades Near Yearly Highs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Centessa Pharmaceuticals CEO Saurabh Saha executed significant stock transactions on June 20, 2025. The transactions involved:
- Exercised 55,000 stock options at $3.85 per share
- Subsequently sold 55,000 ordinary shares at weighted average price of $12.63 per share
- Sales were executed under a pre-established Rule 10b5-1 trading plan from May 16, 2024
Post-transactions, Saha holds 221,017 ordinary shares directly and 38,000 shares indirectly through a trust. He retains 205,000 stock options exercisable until February 2033. The options vest monthly at 1/48th rate starting March 2023. This transaction resulted in an approximate gross profit of $483,000 before taxes and fees.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 55,000 shares ($694,826)
Net Sell
4 txns
Insider
SAHA SAURABH
Role
Chief Executive Officer
Sold
55,000 shs ($695K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Option (right to buy) | 55,000 | $0.00 | -- |
| Exercise | Ordinary Shares | 55,000 | $3.85 | $212K |
| Sale | Ordinary Shares | 55,000 | $12.6332 | $695K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Share Option (right to buy) — 205,000 shares (Direct);
Ordinary Shares — 276,017 shares (Direct);
Ordinary Shares — 38,000 shares (Indirect, By trust)
Footnotes (1)
- The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 16, 2024. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.50 to $12.80, 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. These shares are held directly in a trust, for which the Reporting Person and his spouse serve as trustees. 1/48th of the shares subject to such option shall vest and become exercisable in equal monthly installments with the first installment vesting on March 1, 2023.
FAQ
Was CNTA CEO Saha's stock sale part of a pre-planned trading arrangement?
Yes, the sales were executed pursuant to a Rule 10b5-1 trading plan that was adopted by Saurabh Saha on May 16, 2024, approximately 13 months before the transaction.
What is the exercise price of CNTA CEO Saha's stock options?
The stock options have an exercise price of $3.85 per share and expire on February 1, 2033. The options vest in equal monthly installments, with 1/48th of the shares vesting monthly starting March 1, 2023.