[Form 4] Centessa Pharmaceuticals plc American Insider Trading Activity
Mario Alberto Accardi, an officer and director of Centessa Pharmaceuticals plc (CNTA), reported insider transactions on 09/09/2025. He exercised 5,000 share options at an $8.01 exercise price and received 5,000 ordinary shares. He also sold 7,000 ordinary shares at $20.00 under a Rule 10b5-1 trading plan adopted February 14, 2025. Following these transactions, Accardi beneficially owns 205,566 ordinary shares. The option exercised remains partially unvested per the disclosed vesting schedule (1/48th monthly with first installment March 1, 2024). The Form 4 is signed by an attorney-in-fact on Accardi's behalf.
- Detailed transaction disclosure: Form 4 lists exercise and sale with prices and post-transaction beneficial ownership
- Sale executed under Rule 10b5-1 plan: The filing states the sale was effected pursuant to a 10b5-1 trading plan adopted on February 14, 2025
- Net decrease in holdings: Beneficial ownership declined to 205,566 ordinary shares after the reported sale
- Partial vesting noted: Exercised options are subject to a vesting schedule (1/48th monthly), indicating not all option shares were immediately vested
Insights
TL;DR: Insider exercised options for 5,000 shares and sold 7,000 shares under a pre-established 10b5-1 plan; net holdings decreased to 205,566 shares.
The filing clearly documents an option exercise and an open-market sale executed the same day. The sale was made pursuant to a Rule 10b5-1 plan adopted on February 14, 2025, which indicates the sale was planned rather than opportunistic. The post-transaction beneficial ownership is 205,566 ordinary shares, and the exercised options have a stated vesting schedule (1/48th monthly, first vest March 1, 2024). From a disclosure standpoint the Form 4 provides the required transactional detail and proper attestation.
TL;DR: Transactions are routine and documented; sale executed under a documented 10b5-1 plan, exercise follows standard option terms.
The filing contains standard governance disclosures: exercise price ($8.01), sale price ($20.00), transaction codes, and a vesting schedule for the option. The use of a substitute power of attorney for signature is noted. There are no indications in the filing of unusual timing, special related-party transfers, or amendments that would raise governance concerns based on the contents provided.