Dianthus (DNTH) CAO cashes out 43,682 shares after option exercises
Rhea-AI Filing Summary
Dianthus Therapeutics (DNTH) chief accounting officer Edward Carr exercised stock options and sold the resulting shares in a pre-planned series of trades. On March 12, 2026, he exercised options for 43,682 shares of common stock at exercise prices of $17.88, $21.77, and $22.07 per share.
The same day, he sold 43,682 common shares in multiple open-market transactions at weighted-average prices ranging from about $80.71 to $85.53 per share. A footnote states these sales were executed under a Rule 10b5-1 trading plan adopted on December 11, 2025, indicating the trades were pre-scheduled rather than opportunistic.
Positive
- None.
Negative
- None.
Insights
Pre-planned exercise-and-sell by CAO, with no shares retained.
Edward Carr, chief accounting officer of Dianthus Therapeutics, exercised stock options covering 43,682 shares at exercise prices between $17.88 and $22.07 on March 12, 2026. He then sold the same 43,682 shares in a series of open-market trades at prices around $80–$85 per share.
The filing describes this as an option exercise and disposition sequence (Form 4 code M followed by S), a common pattern for monetizing equity awards. A footnote confirms the sales were made under a Rule 10b5-1 trading plan adopted on December 11, 2025, suggesting these transactions were pre-planned rather than timed reactively.
After the reported transactions, Carr does not show any directly held common shares in this filing and no remaining derivative positions are listed. The economic effect is a full monetization of the optioned shares. Without data on total company shares outstanding, the broader impact on the shareholder base cannot be gauged from this report alone, so the event is best viewed as routine insider liquidity under a pre-arranged plan.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 16,182 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 17,500 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 10,000 | $0.00 | -- |
| Exercise | Common Stock | 16,182 | $17.88 | $289K |
| Exercise | Common Stock | 17,500 | $22.07 | $386K |
| Exercise | Common Stock | 10,000 | $21.77 | $218K |
| Sale | Common Stock | 15,852 | $80.71 | $1.28M |
| Sale | Common Stock | 23,465 | $81.75 | $1.92M |
| Sale | Common Stock | 3,865 | $82.66 | $319K |
| Sale | Common Stock | 200 | $83.38 | $17K |
| Sale | Common Stock | 300 | $85.53 | $26K |
Footnotes (1)
- The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 11, 2025. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $80.30 to $81.28, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $81.30 to $82.27, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $82.34 to $83.23, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range. The shares of common stock underlying this stock option award vest in equal monthly installments over the four years after January 1, 2024, subject to the Reporting Person's continued service to the Issuer on each such vesting date. The shares of common stock underlying this stock option award vest in equal monthly installments over the four years after January 1, 2025, subject to the Reporting Person's continued service to the Issuer on each such vesting date. The shares of common stock underlying this stock option award vest in equal monthly installments over the four years after May 1, 2024, subject to the Reporting Person's continued service to the Issuer on each such vesting date.