Dianthus Therapeutics (DNTH) counsel exercises 20K options, sells 20K shares under 10b5-1 plan
Rhea-AI Filing Summary
Dianthus Therapeutics executive Adam M. Veness, SVP, General Counsel and Secretary, exercised 20,000 stock options at an exercise price of $17.88 per share and sold the same number of common shares in open-market transactions at prices around $110–$111 per share. The trades on August 7 and 10, 2026 were effected under a Rule 10b5-1 trading plan adopted on March 18, 2026. The options exercised are from an award vesting in equal monthly installments over four years after January 1, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 20,000 shares ($1.85M approx. pre-tax spread)
Exercise and Sale
7 txns
Insider
Veness Adam M
Role
SVP, General Counsel and Sec.
Sold
20,000 shs ($2.21M)
Approx. gross sale proceeds
$2.21M
Approx. exercise cost
$358K
Approx. pre-tax spread
$1.85M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F1, F5 | 16,167 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 16,167 | $17.88 | $289K |
| Sale | Common Stock F1, F4 | 16,167 | $110.38 | $1.78M |
| Exercise | Stock Option (Right to Buy) F1, F5 | 3,833 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 3,833 | $17.88 | $69K |
| Sale | Common Stock F1, F2 | 3,217 | $110.61 | $356K |
| Sale | Common Stock F1, F3 | 616 | $111.18 | $68K |
Holdings After Transaction:
Stock Option (Right to Buy) — 60,000 shares (Direct);
Common Stock — 0 shares (Direct)
Footnotes (5)
- F1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 18, 2026.
- F2. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $110.07 to $111.06, 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.
- F3. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $111.08 to $111.45, 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.
- F4. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $110.00 to $110.88, 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.
- F5. 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.
Key Figures
Options exercised: 20,000 shares
Option exercise price: $17.88 per share
Shares sold at $110.38: 16,167 shares
+5 more
8 metrics
Options exercised
20,000 shares
Stock options exercised into common stock on August 7 and 10, 2026
Option exercise price
$17.88 per share
Conversion or exercise price for stock options exercised
Shares sold at $110.38
16,167 shares
Common stock sale on August 10, 2026 at weighted average $110.38
Shares sold at $110.61
3,217 shares
Common stock sale on August 7, 2026 at weighted average $110.61
Shares sold at $111.18
616 shares
Common stock sale on August 7, 2026 at weighted average $111.18
Total shares sold
20,000 shares
Aggregate common shares sold across three sale transactions
10b5-1 plan adoption date
March 18, 2026
Rule 10b5-1 trading plan governing the reported transactions
Option expiration date
January 23, 2034
Expiration for the stock option award exercised in these transactions
Key Terms
Rule 10b5-1 trading plan, weighted average price, Stock Option (Right to Buy), vest in equal monthly installments, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The reported transaction was effected 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.
weighted average price financial
"The price reported above is a weighted average price. The 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.
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
vest in equal monthly installments financial
"shares of common stock underlying this stock option award vest in equal monthly installments"
conversion or exercise price financial
"conversion_or_exercise_price": "17.8800""
FAQ
What did Dianthus Therapeutics (DNTH) executive Adam M. Veness report in this Form 4?
Adam M. Veness reported exercising 20,000 stock options at $17.88 per share and selling 20,000 common shares of Dianthus Therapeutics in open-market transactions on August 7 and 10, 2026.
Were Adam M. Veness’s DNTH trades made under a Rule 10b5-1 plan?
Yes. A footnote states the reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Adam M. Veness on March 18, 2026, indicating they followed a pre-arranged trading schedule.
How many Dianthus Therapeutics options did Adam M. Veness exercise and at what strike price?
He exercised stock options for 20,000 shares of Dianthus Therapeutics common stock at an exercise price of $17.88 per share, through two exercises covering 16,167 and 3,833 underlying shares, respectively.
What are the vesting terms of the DNTH stock options exercised by Adam M. Veness?
A footnote explains the options relate to an award whose underlying shares vest in equal monthly installments over four years after January 1, 2024, contingent on his continued service with Dianthus Therapeutics.
AI-generated analysis. How Rhea-AI works. Not financial advice.