Cryoport (CYRX) CEO Jerrell Shelton sells 28,800 shares under 10b5-1 plan
Rhea-AI Filing Summary
Cryoport, Inc. director and President/CEO Jerrell Shelton reported selling 28,800 shares of common stock on August 11, 2026 at a weighted average price of $14.9092 per share. The sale occurred automatically under a Rule 10b5-1 trading plan adopted on May 11, 2026 and terminated on August 11, 2026. Following this transaction, Shelton directly held 1,201,814 shares of Cryoport common stock.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 28,800 shares
Net Sell
1 txn
Insider
SHELTON JERRELL
Role
President, CEO
Sold
28,800 shs ($429K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 28,800 | $14.9092 | $429K |
Holdings After Transaction:
Common Stock — 1,201,814 shares (Direct)
Footnotes (2)
- F1. The transactions reported in this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 11, 2026. The Rule 10b5-1 trading plan was terminated on August 11, 2026.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.66 to $15.16, inclusive. The reporting person undertakes to provide to Cryoport, Inc., any security holder of Cryoport, Inc., 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.
Key Figures
Shares sold: 28,800 shares
Weighted average sale price: $14.9092 per share
Post-transaction holdings: 1,201,814 shares
+3 more
6 metrics
Shares sold
28,800 shares
Common stock sale on August 11, 2026 by President/CEO Jerrell Shelton
Weighted average sale price
$14.9092 per share
Weighted average price for the 28,800 common shares sold
Post-transaction holdings
1,201,814 shares
Direct common stock ownership by Jerrell Shelton after the reported sale
Price range of sales
$14.66 to $15.16 per share
Multiple transactions executed within this price range on August 11, 2026
Rule 10b5-1 plan adoption date
May 11, 2026
Date Jerrell Shelton adopted the automatic trading plan for these transactions
Rule 10b5-1 plan termination date
August 11, 2026
Date the trading plan governing the reported sale was terminated
Key Terms
Rule 10b5-1 trading plan, weighted average price, Form 4, open market or private transaction
4 terms
Rule 10b5-1 trading plan regulatory
"occurred automatically 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.
Form 4 regulatory
"The transactions reported in this Form 4 occurred automatically"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open market or private transaction market
"Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Cryoport (CYRX) report for Jerrell Shelton?
Cryoport reported that President and CEO Jerrell Shelton sold 28,800 shares of common stock on August 11, 2026 at a weighted average price of $14.9092 per share, under a pre-arranged Rule 10b5-1 trading plan.
Was the Cryoport (CYRX) insider sale by Jerrell Shelton done under a Rule 10b5-1 plan?
Yes. The filing states the transactions occurred automatically under a Rule 10b5-1 trading plan adopted on May 11, 2026, which was terminated on August 11, 2026 after these trades.