Alpha Tau Medical (NASDAQ: DRTS) CFO sells 2,127 shares after exercising options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alpha Tau Medical Ltd. Chief Financial Officer Raphi Levy reported an exercise-and-sale transaction in Ordinary Shares. Levy sold 2,127 shares in an open-market transaction at an average price of $13.0189 per share and reported direct ownership of 90,180 shares immediately afterward. The filing also shows a corresponding M-code transaction for 2,127 shares at $2.98 per share classified as a derivative exercise or conversion, indicating these shares were acquired through an option exercise before being sold.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,127 shares ($27,691)
Net Sell
2 txns
Insider
Levy Raphi
Role
Chief Financial Officer
Sold
2,127 shs ($28K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Ordinary Shares | 2,127 | $2.98 | $6K |
| Sale | Ordinary Shares | 2,127 | $13.0189 | $28K |
Holdings After Transaction:
Ordinary Shares — 92,307 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 2,127 shares
Sale price: $13.0189 per share
Post-transaction holdings: 90,180 shares
+1 more
4 metrics
Shares sold
2,127 shares
Open-market sale of Ordinary Shares
Sale price
$13.0189 per share
Average price for 2,127-share sale
Post-transaction holdings
90,180 shares
Ordinary Shares held directly after sale
Exercise transaction amount
2,127 shares at $2.98
Derivative exercise or conversion
Key Terms
open-market sale, derivative exercise/conversion, Ordinary Shares, Form 4
4 terms
open-market sale financial
"Levy sold 2,127 shares in an open-market transaction at an average price"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"classified as a derivative exercise or conversion, indicating these shares were acquired"
Form 4 regulatory
"as disclosed in a Form 4 insider trading report"
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.
FAQ
What insider transaction did Alpha Tau Medical (DRTS) report for Raphi Levy?
Alpha Tau Medical reported that CFO Raphi Levy sold 2,127 Ordinary Shares in an open-market transaction. The sale occurred at an average price of $13.0189 per share, as disclosed in a Form 4 insider trading report.
At what prices did Raphi Levy’s Alpha Tau Medical (DRTS) transactions occur?
The Form 4 shows an open-market sale of 2,127 Ordinary Shares at $13.0189 per share. It also reports a related derivative exercise or conversion of 2,127 shares at a transaction price entry of $2.98 per share.
What do the S and M transaction codes mean in the Alpha Tau Medical (DRTS) Form 4?
In this Form 4, code S indicates a sale of 2,127 Ordinary Shares in an open-market or private transaction. Code M reflects a derivative exercise or conversion for 2,127 shares, showing shares acquired through an option-like instrument.
Is Raphi Levy’s Alpha Tau Medical (DRTS) transaction classified as direct or indirect ownership?
The Form 4 classifies Raphi Levy’s reported holdings and transactions as direct ownership. The ownership code is D, and there is no nature-of-ownership footnote indicating that the shares are held through a separate entity or trust.