Denali officer sells 2,768 shares under plan
Denali Therapeutics’ COFO and Secretary sold 2,768 DNLI shares under a Rule 10b5-1 plan while retaining substantial direct and trust holdings.
Rhea-AI Filing Summary
Denali Therapeutics Inc. (DNLI) reported that its COFO and Secretary, Alexander O. Schuth, sold 2,768 shares of Common Stock on September 1, 2026 at $23.44 per share in an open-market or private transaction. The sale was made pursuant to a Rule 10b5-1 trading plan adopted March 27, 2026. After this transaction, Schuth directly held 278,995 shares, including 135,475 unvested RSUs, and indirectly held 523,749 shares through The Schuth Family Trust, for which he serves as trustee.
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Insider Trade Summary 10b5-1
Net Seller: 2,768 shares
Net Sell
2 txns
Insider
Schuth Alexander O.
Role
COFO and Secretary
Sold
2,768 shs ($65K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 2,768 | $23.44 | $65K |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 278,995 shares (Direct);
Common Stock — 523,749 shares (Indirect, See footnote)
Footnotes (3)
- F1. The sales reported by the Reporting Person were affected pursuant to a Rule 10b5-1 trading plan adopted March 27, 2026.
- F2. Includes 135,475 Unvested RSUs.
- F3. The shares are held of record by The Schuth Family Trust U/A DTD 06/05/2017, for which the Reporting Person serves as trustee.
Key Figures
Shares sold: 2,768 shares
Sale price per share: $23.44 per share
Direct holdings after transaction: 278,995 shares
+3 more
6 metrics
Shares sold
2,768 shares
Common Stock sale on September 1, 2026
Sale price per share
$23.44 per share
Price for the 2,768 DNLI shares sold on September 1, 2026
Direct holdings after transaction
278,995 shares
Direct Common Stock holdings of Alexander O. Schuth after the sale
Unvested RSUs included in direct holdings
135,475 RSUs
Unvested RSUs included within the 278,995 directly held shares
Indirect holdings after transaction
523,749 shares
Shares held by The Schuth Family Trust for which Schuth is trustee
Rule 10b5-1 plan adoption date
March 27, 2026
Adoption date of the trading plan under which the sale was made
Key Terms
Rule 10b5-1 trading plan, Unvested RSUs, indirect, trustee
4 terms
Rule 10b5-1 trading plan regulatory
"sales reported by the Reporting Person were affected pursuant to a Rule 10b5-1 trading plan"
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.
Unvested RSUs financial
"Includes 135,475 Unvested RSUs."
indirect financial
"The shares are held of record by The Schuth Family Trust"
trustee financial
"for which the Reporting Person serves as trustee."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What insider transaction did Denali Therapeutics (DNLI) disclose for Alexander O. Schuth?
Denali Therapeutics disclosed that Alexander O. Schuth, COFO and Secretary, sold 2,768 shares of Common Stock on September 1, 2026 in an open-market or private transaction at $23.44 per share.
What are Alexander O. Schuth’s indirect DNLI holdings following the transaction?
Following the transaction, Alexander O. Schuth has 523,749 shares held indirectly, recorded in the name of The Schuth Family Trust U/A DTD 06/05/2017, for which he serves as trustee.
What role does Alexander O. Schuth hold at Denali Therapeutics (DNLI)?
The filing identifies Alexander O. Schuth as an officer of Denali Therapeutics, serving as COFO and Secretary of the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.