Corbus (NASDAQ: CRBP) director sells 2,412 shares under 10b5-1 plan
Rhea-AI Filing Summary
Corbus Pharmaceuticals Holdings director Anne Altmeyer sold 2,412 shares of common stock in an open-market transaction at a weighted average price of $7.9137 per share. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on March 11, 2026.
These shares were sold in multiple trades at prices ranging from $7.71 to $7.97. After the sale, Altmeyer directly holds 7,579 shares of common stock, which includes 3,800 unvested restricted stock units that remain subject to the grant’s vesting schedule.
Positive
- None.
Negative
- None.
Insights
Small, pre-planned director sale with substantial equity stake remaining.
Director Anne Altmeyer executed an open-market sale of 2,412 Corbus Pharmaceuticals shares at a weighted average price of $7.9137. The transaction was made under a pre-arranged Rule 10b5-1 trading plan adopted on March 11, 2026, indicating it was scheduled in advance.
Following the sale, she holds 7,579 shares directly, including 3,800 unvested RSUs that continue vesting under the prior grant terms. The filing does not show derivative option holdings, suggesting the key remaining exposure is common stock and RSUs from this snapshot.
This single net-sell transaction is relatively modest in size and structured through a trading plan, which typically points to routine portfolio or liquidity management rather than a change in outlook. Future company filings may provide additional context on any subsequent equity awards or transactions.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.0001 per share | 2,412 | $7.9137 | $19K |
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2026. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.71 to $7.97. 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 amount includes 3,800 unvested RSUs subject to the grant's vesting schedule as previously reported.