Centessa Pharmaceuticals plc American Insider Trading Activity
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Insider Trade Summary
Exercise and Sale: 55,000 shares ($664K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
SAHA SAURABH
Role
Chief Executive Officer
Sold
55,000 shs ($876K)
Approx. gross sale proceeds
$876K
Approx. exercise cost
$212K
Approx. pre-tax spread
$664K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Option (right to buy) | 55,000 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 55,000 | $3.85 | $212K |
| Sale | Ordinary Shares | 55,000 | $15.92 | $876K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Share Option (right to buy) — 150,000 contracts (Direct);
Ordinary Shares — 221,017 shares (Direct);
Ordinary Shares — 38,000 shares (Indirect, By trust)
Footnotes (5)
- F1. The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
- F2. 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.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.80 to $16.05, 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.
- F4. These shares are held directly in a trust, for which the Reporting Person and his spouse serve as trustees.
- F5. 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.
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